- CEO
- Herve Paul Gino Boyer
- Full Time Employees
- 22,443
- Sector
- Consumer Cyclical
- Industry
- Auto - Parts
- Address
- Libramiento Arco Vial Km 3.8 García NL Mexico 66000
- IPO Date
- Oct 6, 2021
- Business
- Nemak, S. A. B. de C. V. is a Mexico-based company specializing in the development, manufacture, and sale of aluminum components for the global automotive industry. The company focuses on lightweight solutions and operates in three main business segments: e-mobility, structure and chassis, and internal combustion engine (ICE) powertrain applications. Nemak's core products include ICE powertrain components such as cylinder heads, engine blocks, oil pans, and transmission cases; structural and chassis parts including longitudinal members, support brackets, A-pillars, cradles, e-brackets, shock towers, subframes, lift gates, and battery housings; and e-mobility components including e-motors and battery housings for hybrid and electric vehicles. The company serves automotive customers across North America, Europe, and other international markets.
Founded in 1979 and headquartered in García, Mexico, Nemak operates 38 production plants across 15 countries and employs approximately 24,000 people. It supplies more than 50 customers worldwide, including major automotive manufacturers such as BMW, Daimler, Fiat-Chrysler, Ford, General Motors, Hyundai-KIA, PSA, Renault-Nissan, Toyota, and Volkswagen.
Recent major company developments include Nemak's definitive agreement in 2025 to acquire the automotive business of GF Casting Solutions, a Switzerland-based leader in lightweight casted components. This acquisition, valued at approximately USD 336 million, is expected to close in the second half of 2025 and will add an estimated USD 707 million in annual revenue to Nemak. The deal supports Nemak’s strategic objective of expanding its technological capabilities beyond ICE powertrain components, broadening its global footprint, diversifying its customer base, and accelerating its transition toward sustainable mobility. Additionally, in 2024 Nemak announced plans to invest around USD 387 million to support growth and innovation, including an $18 million expansion project at a production facility scheduled for completion in fall 2024. The company continues to generate strong revenues, with nearly USD 5 billion reported in recent years, and has secured significant new commercial contracts, particularly in the ICE powertrain segment.
Nemak is a subsidiary of ALFA SAB de CV and has subsidiaries including Modellbau Schonheide GMBH, Camen International Trading Inc., Nemak Canada SA de CV, and Nemak Czech Republic Sro. It remains a leading provider of sophisticated lightweighting solutions for the automotive sector, leveraging advanced aluminum technologies to meet evolving market demands for e-mobility and traditional powertrain applications.
Nemak emphasizes innovation, sustainability, and operational excellence as pillars of its corporate strategy and maintains a robust global manufacturing footprint to serve a diverse range of customers across multiple geographic regions.