Nemak planning to invest US$384 million in 2018

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Auto part  firm Nemak  is planning to invest US$384 million in 2018, mainly to boost new product programs. This is going to be a transition year for the Company, to strengthen programs that shall render greater revenue in the long term. The Company expects earnings of roughly US$4.5 billion, similar to the 2017 record. EBITDA is going to drop by 2% to a total of US$700 million.