Nemak, S.A.B. de C.V., known as Nemak, is a global automotive parts manufacturing company headquartered in

García, Nuevo León García is a city and municipality located to the northwest of the Monterrey metropolitan area in the state of Nuevo León, Mexico. The municipality had, according to the 2005 census, a population of 145,867. It borders the municipalities of Mina ...

, a municipality next to the City of

Monterrey Monterrey (, , abbreviated as MtY) is the capital and largest city of the northeastern Mexican state of Nuevo León. It is the ninth-largest city and the second largest metropolitan area, after Greater Mexico City. Located at the foothills of th ...

Nuevo León Nuevo León, officially the Free and Sovereign State of Nuevo León, is a Administrative divisions of Mexico, state in northeastern Mexico. The state borders the Mexican states of Tamaulipas, Coahuila, Zacatecas, and San Luis Potosí, San Luis ...

, México. 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 Transmission or transmit may refer to: Science and technology * Power transmission ** Electric power transmission ** Transmission (mechanical device), technology that allows controlled application of power *** Automatic transmission *** Manual tra ...

components. It is a Tier 1 supplier to major OEMs and is among the 60 largest auto industry suppliers worldwide. In 2012, the company acquired

Wisconsin Wisconsin ( ) is a U.S. state, state in the Great Lakes region, Great Lakes region of the Upper Midwest of the United States. It borders Minnesota to the west, Iowa to the southwest, Illinois to the south, Lake Michigan to the east, Michig ...

-based J.L. French Automotive Castings for $215 million. Nemak reported sales of $4.3 billion for 2016 and has more than 36 manufacturing plants that employ more than 21,000 people in 16 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 General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing f ...

, Fiat-Chrysler,

Volkswagen Group Volkswagen AG (), known internationally as the Volkswagen Group, is a German public multinational conglomerate manufacturer of passenger and commercial vehicles, motorcycles, engines and turbomachinery. Headquartered in Wolfsburg, Lower Saxon ...

, Hyundai-Kia,

BMW Bayerische Motoren Werke AG, trading as BMW Group (commonly abbreviated to BMW (), sometimes anglicised as Bavarian Motor Works), is a German multinational manufacturer of vehicles and motorcycles headquartered in Munich, Bavaria, Germany. Th ...

, Renault-Nissan and

Daimler-Benz Mercedes-Benz Group AG (formerly Daimler-Benz, DaimlerChrysler, and Daimler) is a Germany, German Multinational corporation, multinational Automotive industry, automotive company headquartered in Stuttgart, Baden-Württemberg, Germany. It is o ...

. 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 Austria, formally the Republic of Austria, is a landlocked country in Central Europe, lying in the Eastern Alps. It is a federation of nine Federal states of Austria, states, of which the capital Vienna is the List of largest cities in Aust ...

Czech Republic The Czech Republic, also known as Czechia, and historically known as Bohemia, is a landlocked country in Central Europe. The country is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the south ...

, Germany,

Hungary Hungary is a landlocked country in Central Europe. Spanning much of the Pannonian Basin, Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croatia and ...

, Russia,

Slovakia Slovakia, officially the Slovak Republic, is a landlocked country in Central Europe. It is bordered by Poland to the north, Ukraine to the east, Hungary to the south, Austria to the west, and the Czech Republic to the northwest. Slovakia's m ...

, Spain, and Poland; in South America, in Argentina and Brazil; and in Asia, in China and India. Nemak is a subsidiary of the Mexican industrial conglomerate Alfa, which holds 75.24% of Nemak shares, while Ford Motor Co. holds 5.45% of the shares and the remaining 19.31% are public shares offered in the BMV. In early 2015, Nemak´s parent company, Alfa, announced it may hold an initial public offering to list Nemak in the

Mexican Stock Exchange The Mexican Stock Exchange (), commonly known as Mexican Bolsa, Mexbol, or BMV, is one of two stock exchanges in Mexico, the other being BIVA - Bolsa Institucional de Valores. It is the second largest stock exchange in Latin America, only after S ...

as soon as June, as a strong U.S. dollar boosts the value of the division’s assets. In 2021, Nemak was awarded a contract with Tesla and expanded its manufacturing facilities in

Sheboygan, Wisconsin Sheboygan () is a city in Sheboygan County, Wisconsin, United States, and its county seat. The population was 49,929 at the 2020 census. It is the principal city of the Sheboygan Metropolitan statistical area, metropolitan area, which has a pop ...

. The company had previously turned down a request from Tesla in 2018.

References

{{Authority control Manufacturing companies established in 1979 Companies based in Nuevo León Mexican brands Auto parts suppliers of Mexico Mexican companies established in 1979