Mazda to Add Engine Machining Factory to Mexican Plant

Mazda to Add Engine Machining Factory to Mexican Plant 
Hiroshima, Japan, Aug 8, 2013 - (JCN Newswire) -  Mazda Motor Corporation today
announced that it will construct an engine machining factory at its new vehicle
production facility in Mexico, Mazda Motor Manufacturing de Mexico S.A. de C.V.
(MMMdM). MMMdM is a joint venture between Mazda and Sumitomo Corporation. 
The new factory will make SKYACTIV engines for vehicles produced at MMMdM such
as the Mazda3 (Axela in Japan) and Mazda2 (Demio). It will produce
approximately 230,000 engines per year with operations expected to begin in
October 2014. MMMdM will invest 120 million U.S. dollars (approximately 12
billion yen) in the new factory and employ approximately 100 extra people to
operate it. 
At MMMdM, construction of the buildings which will house the vehicle and
engine assembly lines is complete and preparations are being made for the start
of operations in the fourth quarter of fiscal year ending March 2014. The
establishment of the new engine machining factory will further strengthen
Mazda's production system for SKYACTIV technologies. Also, by localizing
production and increasing the number parts procured locally, Mazda will enhance
its ability to withstand exchange rate fluctuations. 
MMMdM's President and CEO, Keishi Egawa, commented, "MMMdM will play
a key role, supplying vehicles to North, Central and South America. We are very
happy to be able to strengthen its foundation as a vehicle supply base and
enhance our engine production framework in Mexico. Moving forward, we remain
committed to contributing to the development of both the local community and
the entire Mexican automotive industry." 
Mazda is targeting global sales of 1.7 million units by fiscal year ending
March 2016 and anticipates 80 percent of those models will feature SKYACTIV
Technology. For this reason, Mazda is enhancing its production framework for
SKYACTIV technology. In addition to MMMdM, SKYACTIV engines are currently
produced at the Hiroshima Plant in Japan and Changan Ford Mazda Engine Co.,
Ltd. in China. 
About Mazda 
Mazda Motor Corporation (TSE: 7261) started manufacturing tools in 1929 and
soon branched out into production of trucks for commercial use. In the early
1960s, Mazda launched its first passenger car models and began developing
rotary engines. Still headquartered in Hiroshima in western Japan, Mazda today
ranks as one of Japan's leading automakers, and exports cars to the United
States and Europe for over 30 years. For more information, please visit 
Ms. Mayumi Handa
Copyright 2013 JCN Newswire. All rights reserved. 
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