Visit the global automotive industry news blog with Brazil automotive industry news and Mexico automotive industry news.

GlobalAutoTV

"Mexico's New Labor Law Reform"
Ricardo Castro-Garza

latin resources

Need an office in Mexico or Brazil? Office suites, meeting rooms, virtual offices, network access

free downloads

MEXICO: "Automotive Tool, Die and Mould Specific Demand Study"

MEXICO: "Automotive Tool, Die and Mould Specific Demand Study". 20-slide presentation by Tecnologico de Monterrey.

proceed to download

eJournals

backLATINtalk February, 2012

Suppliers eye Brazil, Mexico

Mexico and Brazil, where almost $15 billion has been committed to new automotive plants, are becoming increasingly attractive for Canadian supplier companies.

A number of Windsor-area companies already have manufacturing plants or service shops in Mexico, and more appear poised to follow.

"We have no timetable, but I would expect us to open a manufacturing plant in Mexico within the next five years," said Roy Verstraete, president and CEO of Anchor Danly.

"As our customers open plants in Mexico, and as they grow, we would expect to follow them.

"There's no point in getting there before our customers, but we would expect to follow at some point in the future," said Verstraete.

Anchor Danly specializes in die sets, steel plates, fabrications and precision metal parts for a range of industrial sectors including automotive, appliance and agricultural.

Verstraete said his company's strategy would be tied to participating in Mexico's growing automotive sector and not simply be "a cheap place to make products. Windsor has a large mould-making, tool and die sector, and as they develop and expand satellite operations in Mexico, we need to follow them."

Among local companies operating manufacturing plants or service shops in Mexico are the Narmco Group, Concours Mold, Platinum Tool Technologies, Advantage Engineering, Integrity Tool, and Windsor Machine and Stamping.

"The opportunities for growth are phenomenal," said Eduardo Solis, executive chairman of the Mexico Automotive Industry Association.

"I'm not here to say you should shut down shops in Windsor, but I do believe you should partner with Mexico because the growth potential is immense," he said at Thursday's Automotive Parts Manufacturers Association regional conference in Windsor.

Solis said that before the end of this year, new plants built by Honda, Mazda, Nissan, Chrysler-Fiat and Volkswagen, representing more than $5 billion in investment, will have opened in Mexico.

Source: The Windsor Star - GAI

previous page

go top

search our site