# Nemak invests $60M in facilities for new transmission programs

Nemak is investing US$60 million across several facilities between 2016 and 2017 to support over 20 new automotive transmission programs going into production in the next year.

- Type: Investment
- Announced: 2016-12-06
- Value: $60.0M
- Status: announced
- Products: aluminum powertrain and body structure components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Nemak](https://endata.com/companies/20472.md)

## Sources

- [mexico-now.com](https://mexico-now.com/nemak-invests-us-60-million-to-meet-new-transmissions-specifications/), 2016-12-06: "We’re bringing in a lot of state of the art equipment that needs to be maintained properly to ensure longevity, so we believe these are the right steps to invest in our future."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.