Chinese manufacturer Daimay Automotive Interior builds its second plant in Ramos Arizpe
Chinese manufacturer Daimay Automotive Interior recently broke ground in the municipality of Ramos Arizpe, Coahuila, Northern Mexico, to build its second manufacturing plant in the region. The company plans to build a 23,250-square-meter (250,260 sq.-ft.) facility at the Finsa Coahuila industrial p...
Canadian manufacturer Martinrea posts record earnings despite challenging year
Canadian automotive metal parts supplier Martinrea International Inc. managed to post record earnings for both the fourth quarter and full year 2018 on strong sales despite a flat environment in terms of production, uncertainty for trade renegotiations and tariffs. Fourth quarter net income totaled...
Henniges Automotive to build US$60-million plant in Durango
Henniges Automotive, a Michigan-based manufacturer of sealing and anti-vibration solutions for the auto industry, plans to build a new manufacturing plant in the municipality of Gomez Palacio, Durango, local media reported. The announcement comes after state officials conducted a work tour to fina...
Spain-based CIE Automotive secures US$56.2-million financing for expansion plans in Mexico
Compañía Española de Financiación del Desarrollo (Cofides), a development bank comprised of public and private funds that supports the internationalization of Spanish companies, announced it has granted a 50-million euros credit line (around US$56.2 million at current exchange rate) to automotiv...
Michigan-based firm RJG Inc. to open injection molding training facility in Queretaro
Michigan-based injection molding training and consulting firm RJG Inc. announced is opening its first training facility in Mexico in April in partnership with auto parts molder Yanfeng Global Automotive Interiors (YFAI). The joint training facility is located at Yanfeng’s manufacturing plant in Qu...

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