CHICAGO Superior Industries International Inc. plans to build a new aluminum wheel manufacturing plant in Chihuahua, Mexico.
The facility is expected to cost between $125 million and $135 million and produce 2 million to 2.5 million wheels per year (amm.com, March 1).
The Van Nuys, Calif.-based wheel manufacturer already operates three facilities in the city of Chihuahua. "Our positive discussions with the state government of Chihuahua exemplify the cooperative relationship that has existed for the 20 years that Superior has been operating in Mexico," chairman, chief executive officer and president Steven J. Borick said in a statement April 16. "We are excited to be able to commit to providing more opportunities there."
Groundbreaking on the new plant is slated for mid-2013, with completion expected about two years later.
Superior, which says it is North Americas largest manufacturer of wheels for passenger cars and light-duty vehicles, currently makes about 12.5 million wheels per year.