Company Overview of Tenedora Nemak, S.A. de C.V.
Tenedora Nemak, S.A. de C.V. produces and sells aluminum components for the automotive sector worldwide. Its products include cylinder heads, engine blocks, transmission parts, and structural components. The company was founded in 1979 and is based in Garcia, Mexico. Tenedora Nemak, S.A. de C.V. is a subsidiary of Alfa, S.A.B. de C.V.
Libramiento Arco Vial Km. 3.8
Garcia, NL 66000
Founded in 1979
Key Executives for Tenedora Nemak, S.A. de C.V.
Chairman and General Manager
Director for Administration and Finance
Director for Business Development
Compensation as of Fiscal Year 2014.
Tenedora Nemak, S.A. de C.V. Key Developments
Nemak to Build a New Plant in Garcia, Nuevo Leon, in Northeastern Mexico
Dec 19 14
Nemak has announced that it will build a new plant in Garcia, Nuevo Leon, in northeastern Mexico. Availability of technical and human resources, and integration with existing manufacturing facilities were key drivers behind the choice of location. The plant will require the investment of approximately $125 million. It will incorporate High Pressure Die Casting (HPDC) technology for the production of 2.2 million parts per year that will supply assembly lines in Mexico and the US. It will create more than 500 new direct jobs. The new plant will feature the most advanced manufacturing processes and technologies of the industry already existing in some of Nemak's plants in North America and Europe, which enhance the company's capacity to launch programs at a global scale with enough flexibility to meet the regional needs of its customers.
Nemak Presents at 22nd International Recycled Aluminium Conference, Nov-18-2014 04:45 PM
Nov 14 14
Nemak Presents at 22nd International Recycled Aluminium Conference, Nov-18-2014 04:45 PM. Venue: Crowne Plaza, Berlin, Germany. Speakers: Norberto Vidaña, Aluminium Market Intelligence Manager.
Tenedora Nemak, S.A. de C.V. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014
Oct 14 14
Tenedora Nemak, S.A. de C.V. announced unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenues of $1,141 million against $1,103 million a year ago. EBITDA was $162 million against $156 million a year ago.
For the nine months, the company reported revenues of $3,548 million against $3,292 million a year ago. EBITDA was $543 million against $471 million a year ago.
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