NSK : Announces Plans to Establish a New Plant in Mexico
September 25, 2016 at 09:29 pm EDT
Share
September 26, 2016
NSK Ltd.
CSR Division Headquarters
Public Relations Department
NSK Ltd. (NSK; Headquarters: Tokyo, Japan; President and CEO: Toshihiro Uchiyama) today announced that NSK-Warner K.K. (NWC; Headquarters: Fukuroi, Shizuoka Prefecture, Japan; President and CEO: Sakae Kuwashiro), an equity method affiliate, has decided to establish a new plant in Mexico, as outlined below.
Objective of establishing the plant
NWC operates manufacturing plants at three locations, in Japan, China, and Indonesia, and a sales subsidiary in the United States. The company globally supplies products that underpin smooth and highly efficient gear shifting in automotive automatic transmissions.
Demand for automotive automatic transmissions is increasing with expansion of the automobile market in North America. Moreover, automatic transmission technology has been evolving to improve mileage, and demand for NWC's products, which contribute to greater automatic transmission efficiency, has been increasing as a result.
NWC decided to establish a new plant in Mexico to meet growing demand in the future as well as to pursue cost competitiveness and shorter delivery times through local production. With the establishment of this new plant, the NSK Group will continue to expand its global automotive business.
Overview of the plant
Plant name
NSK-Warner Mexico S.A. de C.V.
Location
Silao, Guanajuato, Mexico
Production items
Products for automotive automatic transmissions (clutch assemblies)
Size of plant
Site area of approximately 50,000 ㎡ and building floor space of approximately 10,000 ㎡
Number of employees
Around 120 in 2019 (approximately 30 at the time operations commence)
Commencement of operations
Planed for July 2017
Investment amount
About 2 billion yen
NSK Ltd. published this content on 26 September 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 September 2016 01:29:01 UTC.
Original documenthttp://www.nsk.com/company/presslounge/news/2016/press0926a.html
Public permalinkhttp://www.publicnow.com/view/121D488D8A850208BA73D93C308CC05556E1092C
NSK Ltd. specializes in manufacturing and marketing high precision industrial equipments and components. Net sales break down by family of products as follows:
- automotive equipments (55.8%): transmission systems, steering system, needle bearings, etc.;
- industrial machine bearings (40%). The group also provides precision components and machines;
- other (4.3%).
At the end of March 2022, NSK had 66 production sites worldwide.
Net sales break down geographically as follows: Japan (36.7%), China (21%), Asia (14.9%), the Americas (14.5%) and Europe (12.9%).
NSK LTD 
