Nemak SA, the Mexico-based maker of aluminum cylinder heads and engine blocks, is close to building a new plant in Eastern Europe. The company, owned 80% by the Mexican Alfa Group and 20% by Ford Motor Co., plans to invest $166 million over the next five years in a new cylinder head and engine block facility. The investment is expected to create 900 jobs at the end of the five-year period. The site of the plant is undecided, but the Czech Republic and Hungary are being eyed as possible ...
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