Japanese firm buys Mactac Americas for US$ 375 million; San Luis Potosi plant included
Platinum Equity announced it has signed a definitive agreement to sell printing and packaging solutions supplier Mactac Americas, LLC, to LINTEC Corporation in a transaction valued at approximately US$ 375 million. The sale is expected to be completed during the fourth quarter of 2016, according to...
Hyundai Dymos to supply seats for a three-wheel vehicle manufacturer
Elio Motors, Inc., the startup vehicle manufacturer planning to launch a three-wheel car that will get up to 84 mpg with a set US$ 7,300 base price, today announced Hyundai Dymos as its seating manufacturing partner. Hyundai Dymos will set up production capability onsite at Elio Motors' Shrevepor...
Quickstep Holdings and Futuris Automotive to develope car seat 50% lighter
Australia-based companies Quickstep Holdings and Futuris Automotive Group are joining forces with for the development and production of lightweight seat backs for the global automotive industry. Quickstep Holdings is a Sydney-based company with links to aerospace and defence. Futuris Automotive Gro...
Scania teams up with McNeilus to built concrete mixer trucks
Scania teamed up with McNeilus to showcase its first concrete mixer trucks for the Mexican market, at the Mexican Association of Concrete Industries’ congress in Cancun last week. The truck displayed at the congress, one of the most important events in the concrete industry’s calendar, was a P ...
ASK Chemicals to build plant in Mexico to supply foundry industry
Germany-based ASK Chemicals announced the construction of a Mexican production facility that will produce binders, refractory coatings, and riser sleeves for the growing Mexican foundry industry. The facility will be strategically located in the Monterrey, Mexico area in the wake of a thorough anal...

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