"Mexico is a very important growth market for GKN Driveline," said Fidel Otake. "We have invested over US$100 million (1.4 billion Pesos) in our Mexican operations since 2005. This has allowed us to more efficiently serve our growing customer base throughout the region."
Speaking at a media briefing at GKN Driveline's manufacturing and technical centre in Celaya, state of Guanajuato, Mexico, Fidel Otake, GKN Driveline Mexico's managing director said the company will manufacture nine million CVJ Systems by 2015, up from three million in 2005.
During this period, GKN Driveline has expanded the manufacturing facility, opened a technical centre and built a new state-of-the art precision forge all in Celaya. In nearby Villagran, a new assembly facility has also opened. GKN Driveline supplies its world-leading driveline systems and solutions to 10 vehicle makers in 16 cities throughout Mexico.
GKN Driveline expects to continue to grow its Mexican operations at a double-digit rate through to 2015.
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