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SPECIAL ANNOUNCEMENT
Nemak welcomes the Nanjing plant in China
July, 2007


Dear Nemak team:

Nemak is proud to announce that it has successfully completed the last step in the acquisition of a group of facilities of Teksid by having closed the acquisition of the Nanjing operation; dedicated to the production of high-tech aluminum auto components.

By incorporating this facility’s operations into the Nemak system, we are consistent with our industry’s market trend towards more competitive products that require continuous technological innovations, greater manufacturing efficiencies and the ability to share global platforms.


With this new and talented workforce, Nemak will continue enriching our worldwide system and together with our current operations will focus on integrating our businesses and on becoming a key player in the most important automotive markets: Europe, the Americas and Asia.

As a team, we need to coordinate effectively and work together towards the development of a better and more efficient single company. We will leverage our differences by discovering and implementing best practices across our company and strengthening our operating expertise. Nemak, now a true global supplier with a solid technology portfolio and a strong R&D department, is committed to serving its customers with the highest quality products at competitive prices.

Let me personally welcome all of our new Nemak team members to an exciting workplace where your ideas, talent and commitment will be greatly appreciated. Our new facility will be named Nemak Nanjing and will be incorporated to our Nemak Europe organization co-led by Herbert Smetan and Raul Millares. I invite you to learn more about Nemak through the different communication channels we have setup for this purpose.

We anticipate a challenging 2007 that will be a great opportunity for everyone that strives to be part of a global and successful company.

Nemak is counting on you support.



Manuel Rivera
Nemak President & CEO

 

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