Linamar will invest between US$35 to US$40 million

Saltillo.- Linamar, the automotive components manufacturer, will invest US$25 million in the second half of the year in the Southeast Region, while US$5 million more have been allocated to be invested in 2013.
Francisco Garza, Purchasing Director for Linamar de Mexico, informed that annual investment will be between US$35 and US$40 million. He further said that in this second semester the company will try to coordinate the arrival of all the equipment, recruit the technicians they require and train them to meet customers’ production schedules.
“This is a challenging second half of the year, because production volumes remain high, we do not see any hints that the US economy is shrinking, so we expect an equally intense year”, he said.
Source: Zocalo | Date: 11/07/2012