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Association With Shares In The Stock Market With Variable Capital Subsidiary
Website
Address
Km. 3.8 Libramiento Arco Vial
Centro
García ​, NUEVO LEON, 66000
Mexico
See other locations
Phone
+52-8187485200
Company Description

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, BMW, and Fiat. Alfa owns 75% of Nemak.

Key Principal
Alvaro Fernández Garza See more contacts
Industry
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Financial Statements

Financial data as of December 31, 2020 (12 month period) in USD

Annual Revenue 2020
$3.30 billion USD
1 USD = 20.1066 MXN

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Company Snapshot

Essential information for a successful call

  • EMPLOYEES (All Sites) 23,000
  • ASSETS (MIL USD) 4,910
  • REVENUE (MIL USD) 3,298.67
  • TICKER SYMBOL NEMAKA
  • Year Started 1994
  • Incorporated 2015
  • FISCAL YEAR END DEC

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Get in Touch with 18 Principals*

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  • Alvaro Fernández Garza
    Council Member
  • Juan Carlos Calderón Rojas
    Council Member
  • Robert J. Fascetti
    Council Member
  • Eugenio Garza Herrera
    Council Member

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