Nemak planning to invest US$384 million in 2018

Nemak planning to invest US$384 million in 2018

Warning: foreach() argument must be of type array|object, bool given in /home/mexiconow/public_html/sites/mexiconow/wp-content/themes/mexiconowwpnew/single.php on line 254

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.

×