Supply Chain News

Monterrey-based Grupo Promax opens first Mexican plant in South Korea
Monterrey-based Grupo Promax has become the first Mexican manufacturer to make a direct investment in South Korea, by opening a steel dust recycling plant in the Gwangyang Special Economic Zone (GFEZ) in Gwangyang, South Jeolla Province. Mexican Ambassador to Korea Bruno Figueroa, Grupo Promax CEO ...
Grupo Simec’s subsidiary Republic Steel to manufacture pig iron in Ohio
Ohio-based Republic Steel, a subsidiary of Mexico’s Grupo Simec, announced it has signed Memorandum of Understanding to ERP Iron Ore, LLC, relating to the formation of a joint venture to produce pig iron at Republic’s steel mill located in Lorain, Ohio.  Pig iron is the semi-finished metal pro...
Meritor plant in Nuevo Leon manufactures 10 or fewer defective parts per million
Heavy truck manufacturer PACCAR has designated its supplier Meritor, Inc. as recipient of the 2016 10 PPM Quality Award for work done at the Escobedo, Nuevo Leon plant. The distinction from PACCAR recognizes excellent suppliers that meet or exceed its rigorous, near-perfect standard of 10 or fewer d...
Tampico yard to supply parts for Shell Chemicals’ plant in Pennsylvania
Almost 20% of the modules required for a new Shell Chemicals’ ethane cracker plant will be built in Tampico, Tamaulipas, in the Gulf of Mexico, and then shipped to Potter Township, Pennsylvania, the company revealed to The Beaver County Times. Shell spokesman Joe Minnitte confirmed that fabricat...
Rassini’s net income up 19% in second quarter
Mexican auto supplier Rassini reported a sales increase of 12% in the second quarter, totaling $ 4,489 million Mexican pesos, around US$ 249.4 million under current exchange rate. For the first half of 2017 the company’s sales climbed to $ 9,369 million Mexican pesos or US$ 520.5 million, a 20% hi...