Superior to build aluminum wheel plant in Mexico
Mar 01, 2013 | 04:22 PM
| Michael Cowden
Tags
Superior Industries International,
Steven J. Borick,
aluminum wheels,
new facility,
earnings report,
Michael Cowden
CHICAGO — Superior Industries International Inc. plans to spend $125 million to $135 million to build an aluminum wheel manufacturing facility in Mexico.
Groundbreaking is expected in the middle of this year, with construction likely to be completed two years later, the Van Nuys, Calif.-based aluminum wheel maker said in remarks released with earnings data March 1.
The facility, whose location has not yet been chosen, will have an initial capacity of between 2 million and 2.5 million wheels per year, said Superior, which currently makes about 12.5 million wheels per year.....
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