Superior Industries names site for new plant
As of 2015, Super Industries International will expand its portfolio of Chihuahua-made wheels. The North American aluminium wheel manufacturer announced on 16 April that its new manufacturing facility in Mexico will be erected in the city of Chihuahua. Superior Industries says it and the state of Chihuahua have “agreed in principle to a series of incentives that reflect a continued partnership between Superior and the state.” Superior already operates three manufacturing facilities in the city.
“Our positive discussions with the state government of Chihuahua exemplify the cooperative relationship that has existed for the twenty years that Superior has been operating in Mexico,” said Steven J. Borick, chairman, chief executive officer and president of Superior Industries. “Our team of employees in Chihuahua is a critical part of our success and we are excited to be able to commit to providing more opportunities there. I personally want to thank governor César Duarte and secretary of economy Álvaro Navarro for providing a commitment back to Superior with incentives that address capital and operating cost and expanding the pool of talented employees needed as we grow.”
Superior previously announced it intends to invest approximately US$125 million to $135 million to construct and equip the new manufacturing facility, which will have an initial capacity to produce between 2 million and 2.5 million wheels a year. The company currently produces approximately 12.5 million wheels annually. Groundbreaking is targeted for around the middle of 2013 and completion of construction anticipated about two years later.