Public | |
Industry | Auto Parts Manufacturing |
Founded | 1979 |
Headquarters | Monterrey, Mexico |
Area served
|
Worldwide |
Key people
|
Armando Garza (Chairman) Armando Tamez (CEO) |
Products | engine blocks, cylinder heads, transmission components |
Revenue | US$ 4.6 billion (2014) |
US$ 405 million (2014) | |
Total assets | US$ 4.0 million (2014) |
Number of employees
|
20,000 |
Parent | Alfa |
Website | www.nemak.com |
Nemak, S.A.B. de C.V., known as Nemak, is a global automotive parts manufacturing company headquartered in García, in Greater Monterrey, Mexico. The company manufactures a wide range of automotive parts and systems with primary focus on aluminum auto parts, mainly engine blocks, cylinder heads, and transmission components. It is a Tier 1 supplier to major OEMs and is among the 60 largest auto industry suppliers worldwide.
Nemak reported sales of $4.6 billion for 2014 and has more than 34 manufacturing plants that employ more than 20,000 people in 14 countries. It has more than 110 patents and conducts R&D in 5 centers. More than 90% of the sales volume was supplied to the 8 largest automotive manufacturers: Ford, General Motors, Fiat-Chrysler, Volkswagen Group, Hyundai-Kia, BMW, Renault-Nissan and Daimler-Benz. Its installed capacity is mainly in North America, where the company has 10 plants in Mexico, 6 in the United States, and 1 in Canada. The remaining plants are located in Europe, in Austria, Czech Republic, Germany, Hungary, Russia, Slovakia, Spain, and Poland; in South America, in Argentina and Brazil; and in Asia, in China and India.