ThyssenKrupp
Full Order Books Drive ThyssenKrupp to Open New Plant in Mexico

Full Order Books Drive ThyssenKrupp to Open New Plant in Mexico

April 27, 2015
“Our order books are full so we are constantly expanding our production capacities in Mexico and the U.S.,” explained Dr. Karsten Kroos, CEO of the Components Technology business area.

The North American market continues to offer growth to ThyssenKrupp (IW 1000/82) as evidenced by the opening of a new plant in Puebla, Mexico on April 24.

The new site can produce over 1 million steering columns, 7 million steering shafts and 45 million cold-forged steering parts per year.

“Our order books are full so we are constantly expanding our production capacities in Mexico and the U.S.,” explained  Dr. Karsten Kroos, CEO of the Components Technology business area. “In the past three fiscal years we have invested around 185 million euros here. Now we want to raise the tempo even more. To fulfil new orders we are planning further investment in North America averaging around 80 million euros a year up to 2020. Around half of this will go into expanding and building new plants in Mexico."

The investments will focus on expanding production capacities for chassis and engine components. In February of 2015 ThyssenKrupp opened a new front axle assembly facility in Puebla. The company is also currently building a further axle assembly plant 70 kilometers away in San Jose Chiapa to supply Audi beginning in 2016. In the coming year, work is expected to start on the construction of a production line for cylinder head covers at a new engine components plant in the Bajio region.

With this new steering plant, ThyssenKrupp now produces components for the automotive industry at four sites in Mexico. The product portfolio ranges from engine and steering components to springs and stabilizers to the assembly of axle modules.

The ThyssenKrupp components technology division currently employs around 4,500 people at 11 locations in North America, with Mexico accounting for almost half this figure. The construction of new plants is set to increase the number of employees in Mexico by approximately 40% in the next five years.

About the Author

Adrienne Selko | Senior Editor

Focus: Workforce, Talent 

Follow Me on Twitter: @ASelkoIW

Bio: Adrienne Selko has written about many topics over the 17 years she has been with the publication and currently focuses on workforce development strategies. Previously Adrienne was in corporate communications at a medical manufacturing company as well as a large regional bank. She is the author of Do I Have to Wear Garlic Around My Neck? which made the Cleveland Plain Dealer's best sellers list. She is also a senior editor at Material Handling & Logistics and EHS Today

Editorial mission statement: Manufacturing is the enviable position of creating products, processes and policies that solve the world’s problems. When the industry stepped up to manufacture what was necessary to combat the pandemic, it revealed its true nature. My goal is to showcase the sector’s ability to address a broad range of workforce issues including technology, training, diversity & inclusion, with a goal of enticing future generations to join this amazing sector.

Why I find manufacturing interesting: On my first day working for a company that made medical equipment such as MRIs, I toured the plant floor. On every wall was a photo of a person, mostly children. I asked my supervisor why this was the case and he said that the work we do at this company has saved these people’s lives. “We never forget how important our work is and everyone’s contribution to that.” From that moment on I was hooked on manufacturing.

I have talked with many people in this field who have transformed their own career development to assist others. For example, companies are hiring those with disabilities, those previously incarcerated and other talent pools that have been underutilized. I have talked with leaders who have brought out the best in their workforce, as well as employees doing their best work while doing good for the world. 

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