Cluster to boost local auto parts

Category: News
Published: 2016-09-27

The Automotive Cluster of Nuevo Leon (CLAUT) and the Ministry of Economy (SE) started up a national pilot project to replace imported auto parts, which will be provided by small and medium businesses.

Manuel Montoya, General Director of the CLAUT, detailed that the expectation is to have sales of components made in Mexico reach a value of nearly US$121 million through this initiative, over a term of 8 years, at most. 6 truck-component companies located in the State are participating: Nemak, Metalsa, Daimler, Ficosa, Katcon and Sisamex, in addition to 12 SMEs, out of which, 6 will be installed in Nuevo Leon and the rest, in other towns. Mr. Montoya explained that US$3.1 million were invested to start up this project. According to a statement issued by CLAUT, this industry, just in the Nuevo Leon area, has a potential to buy supplies worth US$10 billion yearly. The number of national supplies currently used to manufacture a component piece, is 41%, but this rate is expected to increase after the raise in the dollar exchange rate.

Source: El Norte