Bosch to complete US$85 million expansion in San Luis Potosí by the end of year
German auto parts manufacturer Bosch plans to conclude at the end of this year the US$ 85 million expansion carried out since 2016 at its San Luis Potosí plant, company officials revealed to local media in recent days. According to the plant's technical vice-president, Ruediger Zeitler, this expan...
UK-based manufacturer GKN builds US$ 20-million plant in Guanajuato
UK-based manufacturer GKN, through its Powder Metallurgy subsidiary, held a ground-breaking ceremony earlier this week in the municipality of Apaseo el Grande, Guanajuato to build a new production site for its GKN Sinter Metals division.  The company plans to invest more than US$20 million in the ...
Nouryon, formerly AkzoNobel, completes US$ 14 million expansion to double output capacity
Nouryon (formerly AkzoNobel) announced it has more than doubled capacity for emulsion-based organic peroxides at its site in Los Reyes, state of Mexico to meet increased customer demand in the North American polyvinyl chloride (PVC) market. The company introduced emulsion-based peroxides to North A...
Nemak’s net income up 5.6%; secures new contracts for electric vehicles worth US$280 million
Monterrey-based automotive parts manufacturer Nemak posted fourth quarter net income of US$38 million, up 5.6% compared to same period of 2017, despite a drop on total revenue. Full-year net income totaled US$180 million, down 6.3%. Nemak sold 11.5 million equivalent units (MEU) in the last quarter...
Tenneco aftermarket, ride performance spinoff to be called DRiV Inc.
Tenneco announced its spinoff aftermarket and ride performance company will be called DRiV Incorporated. The publicly-traded company will launch in the second half of the year, when Tenneco will split into two independent companies. Once it spins off, DRiV will serve as one of the largest global mu...

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