Mexico's "Finance Home" reported on May 11 that Nemak, a subsidiary of the well-known Mexican conglomerate ALFA, is mainly engaged in the production of auto parts. The company has been ranked in the world's 100 most important auto parts companies for 37 years. No. 51, currently one quarter of the world, 22.69 million cars use the company's accessories. Nyima has established two production plants in China and will further expand to establish a third production plant. By increasing the plant, the company is expected to increase its revenue by 359 million US dollars in the next five years, which will be the current sales revenue. Twice. China's auto production is more than 37% higher than the combined output of the United States, Canada and Mexico, and the number of auto assembly plants is increasing by 3% annually.
Founded in 1979, Nimac was originally a joint venture between ALFO Group and Ford Motor Company to produce high-tech aluminum auto parts. In 1991, the company's sales amounted to 45 million US dollars, and began to explore the international market, currently in 15 countries around the world, sales of 482 million US dollars. The two already-operated production plants in China are in Nanjing and Chongqing. Sales in North America accounted for 61% of total sales and Europe accounted for 31%.
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