Nemak

Ulyanovsk Automobile Component Plant signed an agreement with Mexican company Nemak to build a second production line for cylinder heads and blocks for Hyundai vehicles. The project involves an investment of 2.2 billion rubles and will create at least 100 jobs.

Zhongyuan Neipei Group Co., Ltd. received a supplier nomination from Nemak to supply cylinder liners for Ford MPC1.5L engines in India. Production is expected to start in 2022, with a total demand of 2.82 million units over a 7-year lifecycle.

Nemak announced it will supply battery housings for the Ford Mustang Mach-E, produced in North America, with a $25 million investment for a dedicated facility.

Nemak is investing about $150 million in two machining plants already in operation and another under construction in Garcia, Nuevo Leon, Mexico, as part of a strategy to shift from monoblock manufacturing to structural parts for electric vehicles.

Nemak Alabama is expanding its manufacturing facility in Sylacauga, Alabama, with a $34 million investment.

Nemak is expanding its two plants in Glasgow, Kentucky, using $8.6 million in New Markets Tax Credit allocation from Enhanced Capital. The expansion includes upgrades to facilities, machinery, and technology such as robotics integration, to fulfill new contracts with automotive industry leaders.

Nemak inaugurated a new high-pressure die casting (HPDC) plant in Garcia, Nuevo Leon, Mexico, with an investment of $200 million. The plant has an annual capacity of 2.2 million auto parts and will supply the Mexican and US markets.

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.