ABC Group opens US$ 30 million plant in Coahuila; its fifth Mexican location
Canadian auto components manufacturer ABC Group last week inaugurated its fifth production facility in Mexico, located at the FINSA industrial park in the municipality of Ramos Arizpe, Coahuila.
The company invested US$ 30 million and opened 429 job positions in order to start operations at this plant, which will be dedicated to supply plastic interior components.
“We are very happy in Grupo ABC for this expansion of our firm; we have short-term plans because we already estimate a 25% growth in production over the next five years,” said Todd P. Sheppelman, CEO of Grupo ABC, at the ribbon cutting ceremony.
ABC has three manufacturing plants in the state of Queretaro, two in the municipality of San Juan del Rio and another in the city of Queretaro. It also operates a fourth facility in a joint venture with Japanese manufacturer Inoac Corp., also in San Juan del Rio.
Company officials did not give further details about the automakers they will supply from this plant. It is known from previous reports that among the main customers of ABC Group’s Mexican plants are General Motors, Nissan, Ford and Honda.