Auto makers, suppliers flocking to Mexico

“Toyoda Gosei Co. Ltd. opened a plant in the country earlier in the year, with another set to come online in 2016. Once online, the firm will have production sites in the nation for each of its four core product lines—automotive sealing products, functional components, interior and exterior parts, and safety system products. The firm is confident it has enough capacity to support Mexico’s projected growth, but these plants were set to come online before its largest customer, Toyota, announced its $1 billion assembly plant…”

 

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