for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Mexican auto parts maker Nemak to shut Canadian plant after loss of Chinese client

MEXICO CITY, July 16 (Reuters) - Mexican auto parts maker Nemak 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, 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)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up