NN is to expand its North American operation by opening a new precision ball plant in Ciudad Juarez in the Mexican state of Chihuahua in response to increasing demand in auto manufacturing in the country.
The plant, which has been under construction since June this year, is expected to start production this month.
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The facility will be co-located with NN's existing precision metal components plant in Juarez and will share management, supply chain and administrative services.
"I am pleased to announce NN's expansion in Mexico, which is a growing market for automotive and industrial manufacturing,” said NN president and CEO, Rich Holder.
“This new plant will serve existing and new customers and represents incremental demand created with the expansion of the Mexican automotive market. The rapid construction of this new plant was made possible by NN's existing presence in Mexico and showcases our ability to leverage our assets across multiple platforms.
“The plant will implement the next generation NN operating system complete with 'in house developed' manufacturing technology from the NN R&D centres in the US and Italy."
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By GlobalDataThe plant is expected to have capacity to produce nearly 200m tight-tolerance, high precision steel balls in 2016, with additional room to expand in the future. Production will ramp through 2016 as production validation continues.
NN manufactures and supplies high precision metal bearing components, industrial plastic and rubber products and precision metal components to a variety of markets on a global basis.
Headquartered in Johnson City, Tennessee, NN has 43 manufacturing plants in North America, Western Europe, Eastern Europe, South America and China.
