MEXICO CITY (Reuters) - Mexican auto parts maker Nemak NEMAKA.MX said on Wednesday it will close a manufacturing plant in Windsor, Canada, by mid-2020 after the loss of a Chinese client.
Nemak, a unit of Mexican conglomerate Alfa ALFAA.MX, said the Windsor plant represents 1% of its consolidated sales, employs 270 people and produces engine blocks.
“The decision comes on the back of the expected withdrawal from an export program by a client in China, which will lead the plant to use less than 10% of its installed capacity by 2020,” the company said in a statement.
Reporting by Rebekah F Ward; editing by Jonathan Oatis
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