July 20, 2016

Constellium to Build Manufacturing Plant in Mexico

Constellium N.V. will open a new manufacturing facility in Mexico to produce aluminum automotive structural components. The plant, located in San Luis Potosí, will allow Constellium to respond to increasing demand for lightweight, high-strength aluminum crash management systems and automotive structures for the expanding auto industry in Mexico.

Constellium plans to invest approximately $10 million in the 53,000-square-foot facility, which may be expanded to 144,000 square feet in the future to adapt to customers’ supply needs. The company expects the facility to start production in 2018.

The San Luis Potosí plant will complement Constellium’s growing footprint in North America for the rapidly expanding market for automotive structures. Last year, Constellium announced it would build a new manufacturing facility for automotive structures in Bartow County, Ga., which is expected to start production in 2017. Constellium doubled manufacturing capacity at its facility in Van Buren, Mich., in 2015 and has enhanced advanced prototyping and development capabilities to better serve automotive customers in North America.

“The San Luis Potosí plant is an important step in our development in North America and will allow Constellium to expand its business into one of the most significant automotive markets in the world,” says Eric Krepps, Constellium’s general manager of automotive structures for North America. “By bringing our advanced manufacturing processes to Mexico to be near our customers’ assembly plants, we have a new opportunity to support automakers in their mission to make vehicles lighter, thereby improving fuel economy and lowering emissions.”

Industry experts project that nearly five million vehicles will be produced annually in Mexico by 2019, making it one of the largest markets for automobile production.


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Tuesday, October 17, 2017