GKN Driveline Expands Forge in Mexico
June 19, 2012
GKN Driveline, a unit of GKN plc and a supplier of automotive driveline components and systems, announced the expansion of its precision forge facility in Celaya, Guanajuato, Mexico. The expansion involves an $11.5 million investment and will be the third forge the company has built in Celaya since 1979. When fully operational later this year, the 28,000-square-meter facility will produce more than 15 million forgings annually and employ 150 workers. GKN Driveline has invested approximately $100 million in Mexico since 2005 and plans to invest a similar amount over the next three years. Future expenditures will include investment in machining and assembly plants as well as forging operations.