Martinrea Tuscaloosa announced plans to expand its manufacturing facility in Tuscaloosa County, Alabama, to produce parts for Mercedes' new electric vehicle. The expansion represents an investment of approximately $52.3 million and will create 62 new jobs.
Martinrea International Inc. completed the acquisition of the Structural Components for Passenger Cars operations of Metalsa S.A. de C.V. for USD $19.5 million in cash. The acquisition adds six plants in Germany, the United States, Mexico, South Africa, and China, and approximately 2,000 employees.
Martinrea International Inc. reached an agreement to acquire the Structural Components for Passenger Cars operations of Metalsa S.A. de C.V. for approximately $19.5 million in cash, covering six plants in Germany, US, Mexico, South Africa, and China.
Martinrea's Agility Tooling subsidiary started operations at the beginning of August at its third plant in Querétaro, Mexico, a CAD 8.1 million facility that will build tooling for manufacturing aluminum auto parts.
Canadian auto parts manufacturer Martinrea International opened its second plant in Guanajuato, Mexico, with a $30 million investment. The 14,800 sqm facility in Silao created 200 jobs and houses stamping machines, assembly cells and robots.
Martinrea International Inc. has been awarded two contracts by Ford Motor Company to supply steel and aluminum/steel hybrid front and rear sub-frames, as well as suspension and engine dress module assemblies, for an upcoming crossover to be built at Ford's Hermosillo Stamping and Assembly Plant in Sonora, Mexico starting 2020.
Martinrea International, a Canada-based automotive parts supplier, expanded its stamping products facility in Silao, Guanajuato, Mexico by installing a new tandem press line, with an investment of $35 million.
Martinrea Jonesville LLC is investing $6.8 million to retrofit its Jonesville, Michigan facility to add production of stamped welded assemblies, creating 123 new jobs. The retrofit is expected to take place in summer 2017.
| Site | Largest | Latest |
|---|---|---|
| Tuscaloosa County, United States | $52.3M | 2020-05-21 |
| Querétaro, Mexico | $6.10M | 2019-08-07 |
| Silao, Mexico | $35.0M | 2018-07-12 |
| Jonesville, United States | $6.80M | 2017-02-11 |