Nemak wants to be the biggest looser in the race to lighten up cars. The company is a pro at producing aluminum cylinder heads, engine blocks, and transmission parts used by carmakers to build internal combustion engines. Annually, Nemak produces nearly 20 million units, making it the largest aluminum automotive component foundry in the world. The growing need for fuel-efficient vehicles has spurred demand for the company's aluminum products, which, unlike traditional cast-iron parts, offer lighter-weight, comparable durability and safety, and economic advantages. The Detroit Big Three account for over 50% of Nemak's sales. Other key OEMs include Ford Europe,
Financial data as of December 31, 2018 (12 month period) in USD
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Essential information for a successful call
- EMPLOYEES (All Sites) 23,500
- ASSETS (MIL USD) 4,355
- SALES (MIL USD) 3,796.36
- TICKER SYMBOL NEMAK A
- FISCAL YEAR END DEC
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Alvaro Fernández GarzaCouncil Member
Juan Carlos Calderón RojasCouncil Member
Robert J. FascettiCouncil Member
Eugenio Garza HerreraCouncil Member