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Nemak boosts 2011 output on $102M in 4th-quarter investments

February 09, 2012 - 22:28 GMT Location: Mexico City

KEYWORDS: Nemak , automotive

Mexican Tier 1 auto supplier Nemak SA de CV invested $102 million to expand production capacity in the fourth quarter, it announced this week.

Nemak benefited from an "unexpected" positive performance by the U.S. automotive industry in the fourth quarter, selling the equivalent of 9.1 million cylinder heads in the period, San Pedro Garza García, Mexico-based Alfa said in the results....

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