AHMSA seeks US$ 350 million investment to supply automotive industry
Mexican steelmaker Altos Hornos de Mexico (AHMSA) is seeking a US$ 350 million financing to buy new equipment in order to supply the automotive industry, officials told local media in recent days. AHMSA's CEO Alonso Ancira presented Austria-based OeKB Bank a proposal to buy the equipment and then s...
Canada-based Nelson Industrial sets up new plant in Saltillo
Manufacturas Zapaliname (Zapa) just signed a lease with Canadian firm Nelson Industrial to establish in one of the available buildings at La Angostura Industrial Park. According to local newspaper Zocalo, Nelson Industrial is investing nearly US$3 million for its set up which shall be completed ove...
Canada-based Nelson Industrial is setting up a new plant in Saltillo
Manufacturas Zapaliname (Zapa) just signed a lease with the Canadian firm Nelson Industrial to become established in one of the available buildings at La Angostura Industrial Park. According to local newspaper Zocalo, Nelson Industrial is investing nearly US$3 million for its set up, which shall ...
Nissan grants top quality award to German auto supplier Schaeffler
Nissan North America, Inc. recently honored Schaeffler – the global manufacturer of high-precision automotive products and systems for engines, transmissions and chassis applications – with the top quality award for engine systems. Schaeffler, which has supplied Nissan for three years, manufac...
India-based firm buys Wescon Controls facilities in Juarez, Wichita
India-based Auto component manufacturer Suprajit Engineering Limited has taken over Wescon Controls, the US-based control cables maker, by purchasing 100% outstanding equity share capital from Shell Topco LP managed by a private equity fund - Nova Capital, UK. The enterprise value of Wescon was esti...

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