Nemak to provide high value-added assemblies worth US$50 million in annual revenues
We announced today that we won new contracts to supply structural and electric vehicle components worth US$50 million in annual revenues
Nemak receives investment grade rating from Fitch Ratings
Fitch Ratings has upgraded the company’s Issuer Default Rating (IDR) on a global scale to 'BBB-' from 'BB+' and its long-term national scale rating to 'AA(mex)' from 'AA-(mex)'
For 3Q18, volumes were 12.3 million equivalent units ("MEU"), 5.1% higher than in 3Q17.