Injection molding machines benefit from Mexico's booming car industry
Injection molding machines benefit from Mexico's booming car industry
Not isolated between industry, individual, but interconnected, interdependent, valuing, vision of the entrepreneurs can extrapolate, everything, is the industry leader. The increase in auto production, in the case of injection molding machines, will have unpredictable market prospects.
According to the local trade association publishing: by the end of 2020, Mexico will produce 5 million vehicles a year, and the news, will lead to more than expected 20% plastic company to reap profits, and promote the prosperity of the plastics enterprises.
Mexico, President of the country's car industry trade organization - eduardo. Solis in plastic news said: "based on Mexico's light vehicle original equipment manufacturers the latest investment plan, injection molding machine will benefit from the growth of the auto production."
Last week, solis told delegates at the industrial location & logistics summit in Mexico City: "this is a tough prediction."
Mexico produced 113,2481 vehicles in April, up 10.7 percent from the same period in 2014, according to Amia data.
In addition, solis added: "cars will be able to produce 3.4 million vehicles this year, and the number is expected to be up to four million in 2017."
"With the constant development of machinery, stamping, casting and forging, injection molding machines have become a product of the automotive industry's rush to develop and breakthrough," he said on the plastic news website.
According to Mexican quoted Amia ministry statistics show that from 1999 to 2014, in the field of automobile manufacturing, including automotive original equipment manufacturers and suppliers, single total amount of foreign investment to reach $37.6 billion (24.5 billion euros).
"We will continue to invest heavily in the automotive industry," fernando torres, head of procurement at ford, said at the meeting.
However, he added: "first, the government needs to constantly adjust policies to ensure that the sector attracts more investors and promotes industrial development. Second, technological innovation should be strengthened and technical conditions improved. Finally, we need to constantly improve and develop the infrastructure and the accuracy of utilities to develop consumer costs.
