Lightweighting solutions provider, Nemak is to stop manufacturing operations in Windsor, Canada, by mid-2020.
The plant represents around 1% of Nemak’s consolidated revenues.
Go deeper with GlobalData
The decision is a result of the early phase-out of an export programme with an unnamed customer in China, which is expected to bring capacity utilisation at the plant to less than 10% by 2020.
“Given our outlook on capacity utilisation and volumes in Windsor, we have made the decision to end production at this facility,” said Nemak CEO, Armando Tamez.
“We are deeply grateful to the many people who have contributed to our business in Windsor over the years and we will make every effort to support them during this period.”
The plant has 270 employees and produces engine blocks.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataNemak is a provider of lightweighting solutions for the global automotive industry, specialising in the development and manufacturing of aluminium components for powertrain and body structure applications.
The company employs more than 23,000 people at 38 facilities worldwide. In 2018, it generated revenues of US$4.7bn.
