Mitsubishi Electric Corporation announced today that its new Mexican subsidiary, Mitsubishi Electric Automotive de Mexico, S.A. de C.V., commenced automotive parts manufacturing and sales operations in October. The new base in Mexico, where car production is thriving, will put Mitsubishi Electric in a better position to expand its auto parts business in the Americas. The company aims to achieve annual[Read More…]
Text: T Murrali Mumbai headquartered Shree Jay Jagdamba Stainless Steel Ltd (SJJSSL) is planning to expand capacity as it expects to utilise the installed capacity of 4,500 tonne fully by 2015. The company is also planning to foray in to forgings later. SJJSSL makes stainless steel, carbon steel, alloy steel billets, hot rolled bars, bright bars, threaded bars and[Read More…]
Cooper-Standard Holdings Inc., the parent company of Cooper-Standard Automotive Inc. (“Cooper Standard”), demonstrated its commitment to global expansion in the Asia Pacific region during the grand opening event for its new Asia Pacific Technical Centre in Shanghai, China. The Company’s Asia Pacific headquarters will also relocate from Kunshan, China to the new Shanghai facility. The new Asia Pacific Technical Centre and headquarters covers 762 square meters with 55 employees who support the entire[Read More…]
DENSO Corp on 1 July announced that DENSO Mexico S.A. DE C.V. (DNMX) will expand its plant in Apodaca, Nuevo Leon, Mexico, to increase production of transmission components in the North American region. The expansion represents an investment of US$53.8 million, (about 5.38 billion yen) which will add 8,200 square meters of space and 500 jobs by 2018. The plant[Read More…]
With the objective of grooming auto component leaders of tomorrow, the Automotive Component Manufacturers Association of India (ACMA), the apex body for the Indian auto component industry recently organised a delegation for its Young Business Leaders Forum (YBLF) to Mexico. The ACMA -YBLF is the youth wing of ACMA that comprises second and third generation scions of the auto component[Read More…]
