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Friday 28 September 2018

Sika opens new automotive factory in Mexico




Sika AG is adding strength and capacity to its Mexican product supply chain in the Automotive sector with the opening of a new manufacturing facility in Queretaro, Mexico. The new factory, which includes an integrated logistics center, will manufacture and locally supply Sika’s full range of acoustic treatments and body structural products for the growing number of Original Equipment Manufacturer (OEM) assembly and component makers located in the country. The Mexican subsidiary of Faist ChemTec, acquired by Sika at the start of 2018, will also be integrated into the new facility.
The Mexican automotive market has grown by 25% in the last four years, and an estimated four million vehicles will be produced in the country in 2018. This growth is being driven by the significant number of key players in the OEM market who are investing in increasing production capacity. Mexico is a top automotive manufacturing location and will soon become the sixth largest car manufacturer in the world – catching up with South Korea.

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