Auto Parts Maker Timken Co. Opens Factory In Mexico

Ohio-based auto parts maker The Timken Co. recently announced the start of its new factory in Mexico.

Along with the new Timken plant, Mexico-based Envases Group plans to open a $35 million aluminum can production and distribution facility in central Texas.

The two projects will create around 220 jobs in manufacturing, logistics and transportation.

The Timken Co.'s TKR new manufacturing facility is in the central Mexican city of San Jose Iturbide. The factory makes tapered roller bearings for the transportation and industrial machinery industries.

"Our new facility builds on our manufacturing strategy to serve customers where they need us across the world," Timken Executive Vice President Christopher Coughlin said in a release. "It will help us advance our global bearing leadership by providing a high level of value and service for our customers in the region and globally."

Timken did not disclose how much the new factory cost but said it expects to have 100 employees at the facility by the end of March.

The Timken Co., founded in 1899, is based in North Canton, Ohio. The San Jose Iturbide facility is the company's first manufacturing plant in Latin America. 

Timken employs more than 18,000 people globally. The company has plants and offices in 42 countries, including North America, Europe, Asia and Africa.

Envases Group, a packing producer based in Cuautitlán Izcalli, Mexico, recently chose Waco for a 450,000-square-foot facility that will open by the end of 2021, creating 120 jobs. 

"The Waco operation will focus on aluminum beverage containers commonly used for soft drinks, beers, energy drinks, teas and non-carbonated beverages," the company said in a statement. "It represents a sizable, first phase investment that allows the company to bring in its first production line to service the U.S. market."

Envases Group was founded in 2006 and has 66 factories and seven distribution centers around the world. 

Click for more FreightWaves articles by Noi Mahoney.

More articles by Noi Mahoney

Amazon opening three San Antonio facilities

2020 has been wild ride for Tesla

Three new multimodal hubs for Texas

Posted In: FreightNews

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.