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Wednesday, July 25, 2012

Austria’s Engel riding auto sector growth in Mexico


Austrian injection molding machine supplier Engel Holding GmbH reported sales figures were considerably higher in 2012 than in 2011. In 2011, Engel did business in Mexico worth approximately $24.5 million. 60 percent of this business is with the automotive industry, an area in which the company specializes. In the first six months of 2012, auto makers produced an additional 1.41 million light vehicles, 1.25 million more than in the first half of 2011. For more Business news on Mexico go to MexicoToday.Org.

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