Supply Chain News

Auto parts manufacturer Tenneco reports 7% earnings increase during 2017
Ride-control and emissions control systems supplier Tenneco Inc. said its adjusted net income for the fourth quarter increased 7.8% to US$ 97 million, powered by strong growth in the commercial truck and off-highway business.  Total net income before adjustments surged 79% to US$ 68 million from U...
Unique Fabricating to shift Arkansas production to Indiana, Nuevo Leon facilites
Unique Fabricating, Inc., a Michigan-based manufacturer of plastic and rubber components for the automotive and industrial appliance markets, announced it will close its manufacturing facility in Fort Smith, Arkansas to further streamline the company's operations, improve efficiency and better posit...
Despite healthy growth in Europe, Nemak profits fall 10.4% during 2017
Despite a healthy growth in Europe and operations in North America and the rest of the world remaining stable, Nemak S.A.B. de C.V. saw its quarterly earnings (EBITDA) fell 10.8% at the end of 2017 to US$ 166 million, due to fluctuations in aluminum prices and expenses from the launch of new program...
Grupo Simec starts up US$ 600 million production line at Tlaxcala facility
Grupo Simec, a Mexican steel products manufacturer with operations in the United States, Mexico and Canada, last week started up a new production line for wire rod coils at its Apizaco, Tlaxcala facility. After 26 months of construction work and equipment installation, the first billet rolled out o...
ArcelorMittal adds hot strip mill of 2.5 million tons capacity to Michoacan facility
Primetals Technologies, an engineering and plant construction developer for the metals industry, announced it has signed a deal with ArcelorMittal’s Mexican subsidiary to supply a hot strip mill and a hot skin pass mill for the production site located in Lazaro Cardenas, Michoacan, on the Pacific ...