Japan’s Topy Industries sets up Mexico steel wheel plant

Jun 18, 2013 | 10:04 AM | Rodrigo Alonso

Tags  steel wheels, steel wheel plant, Mexico plant, Topy Industries, MW Italia, Amda, automotive dealership association, Rodrigo Alonso

MEXICO CITY — Japan’s Topy Industries Ltd. is investing $13 million in a steel vehicle wheel plant in Mexico.

The plant, which will manufacture wheels for passenger cars and light commercial vehicles, is located in Silao, in Mexico’s Guanajuato state.

Topy will hold 75 percent of the joint-venture plant, with the remaining 25 percent held by Italy’s MW Italia SpA. Construction works are expected to start in September, with start-up scheduled for April 2015, Topy said.....

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