Mahle Gmbh Acquires Clevite Mexico Sa De Cv
Mahle GmbH (Germany) has acquired Clevite Mexico SA de CV (Clemex; Mexico) and its subsidiaries. Founded in 1959, Clevite de Mexico is Mexico's...
MAHLE GmbH, headquartered in Stuttgart, Germany, is a globally renowned automotive parts manufacturer. Established in 1920, it has grown to become one of the largest automotive suppliers in the world. The company is structured into five business segments, which include engine systems and components, filtration and engine peripherals, thermal management, electronics and mechatronics, and aftermarket services.
With a strong focus on innovation, MAHLE has 12 research and development centers and is steering towards a future-oriented strategy that emphasizes electrification, thermal management, and components for efficient and clean internal combustion engines (ICE).
MAHLE's significant presence is marked by its global operations, including 152 production locations and a workforce of approximately 71,947 employees.
In the fiscal year 2022, the company reported a revenue of around €12.4 billion, underscoring its financial strength and market impact. The company's commitment to future-oriented technologies, combined with its expansive global footprint, positions it as a key player in shaping the future of the automotive industry.
Last weeks, Mahle Engine Components USA (a division of Mahle GmbH, Germany) formally shut down its Clevite thinwall engine RC Bearings and strip manufacturing plant in Caldwell, Ohio.
Although Caldwell's closing was announced in January 2008, Mahle at the time said Caldwell would remain open through the end of 2009. But the economic reality of a collapsing automotive market forced Mahle to shutter Caldwell sooner than expected.
Originally part of Cleveland Graphite Bronze, later Gould, later Imperial Clevite, Caldwell was one of three engine Ceramic Bearings plants Mahle acquired from Dana Corp. in March 2007. At the time, Caldwell employed 332 people.
Just 150 workers remained when Caldwell shut down for good last week. 100 lost their jobs then, and the last 50 are staying on as a skeleton "mop up" crew through the end of July.
Strip production is moving to Mahle's plant in McConnelsville, Ohio. Remaining heavywall Skateboard Bearings production is moving to Mahle's plant in Atlantic, Iowa.
By a not-so-cosmic coincidence, Daido closed Caldwell's sister plant in Bellefontaine at the same time last week, also leaving 50 on board to mop up.
The closure of Mahle's Caldwell plant is reflective of broader trends in the automotive industry, pointing to shifting market dynamics and the need for adaptability in manufacturing strategies.
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