Mexico rattled by Modine plant closure, Asia shift

Newswire

By Brian Winter MEXICO CITY, June 17 (Reuters) - When Modine Manufacturing Co. said on Thursday it would close its Mexico plant and shift some production to Asia, it struck at the heart of Mexicans' fears for their economic future -- that jobs will be moved out of the country. Mexico overhauled its economy in the last two decades to focus on shipping low-cost goods to the United States, but the country has lost market share in recent years to Asia where labor costs are even cheaper, ...

Premium Content (PAID Subscription Required)

"Mexico rattled by Modine plant closure, Asia shift" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×