Stellantis, one of the world's leading automotive companies, is gearing up for a remarkable boost in production in Italy!
As reported by Europe Autonews, the company has set an ambitious target to increase production to a staggering 1 million units.
This significant milestone comes as a testament to Stellantis' commitment to innovation, efficiency, and meeting the growing demands of…
According to the Administrative Registry of the Automotive Industry for Light Vehicles (RAIAVL), during the January-March 2023 period, 922,177 light vehicles were produced in Mexico, which represented an increase of 8.61 % compared to the same period in 2022.
Likewise, in March of this year, the production of light vehicles was 346,124 units, which represented an increase of 13.12 % compared to…
According to Takashi Yamazaki, president of Mazak, in recent years many North American companies that established facilities in South Asia or China are returning to North America, either the United States or Mexico.
Yamazaki stated that this is not only a trend of U.S.-based companies, but also of Japanese companies that set up their factories in China and are moving their operations to Mexico…
SMW‑AUTOBLOK, a global operating group in the workholding industry, expands operations into Canada.
The 75 year old company is based in Capri, close to Torino, in Northern Italy, and has facilities and offices in many countries Including North America: two in the USA and one in Mexico. The Canadian operation will provide support to its automotive customers in Ontario and other customers in…
The Italian company Brembo - present in Mexico with production plants in Puebla, Apodaca and Escobedo - closed the first half of the year with a net profit of 148.9 million euros, 17.3% higher compared to the same period last year. Revenues amounted to €1.75 billion, an increase of 28.3% compared to the first half of 2021.
Earnings before interest, taxes, depreciation and amortization (…
With an investment of more than 17 million dollars, the new Magneti Marelli plant started operations in Ramos Arizpe, Mexico.
These structures, the fourth project installed by the company in the northern state of Coahuila, will generate 250 jobs.
During the inauguration ceremony, Governor Miguel Ángel Riquelme pointed out that the new Magneti Marelli plant in Ramos Arizpe, dedicated to the…
In order to increase production of hot rolling, galvanizing and finishing, Ternium confirmed that it will invest $1 billion dollars to expand its Pesqueria Industrial Center in Nuevo Leon. Italian companies that produce metal and manufacturing machinery are a good option as suppliers for this type of company and its industrial sector.
This was confirmed by Máximo Vedoya, CEO of the steel…
The most recent report from Directorio Automotriz detailed that Guanajuato attracted more than 26 projects for new plants or expansions, making it the state that attracted the most investment in the automotive sector in all of Mexico during 2021.
The report details that during the 4Q of 2021, 21 investment projects were received in the sector, coming from 10 countries. Of these, 8 correspond to…
An Italian fabric maker is locating manufacturing operations in Orangeburg County.
Pratrivero USA Inc., a division of Pratrivero Nonwovens, is investing $17.6 million and creating 34 new jobs in the former Mayer Industries building at 3777 Industrial Boulevard. Industrial Boulevard is near Interstate 26’s Exit 145.
The investment includes $6.5 million in buildings and $11.1 million in machinery…