Minglida to build aluminum alloy extrusion project in Mexico
2023-12-19 12:07:35 [Print]
Shenzhen Minglida Precision Technology Co
. , Ltd . announced a capital increase of US90 million to its wholly-owned subsidiary Hong Kong Minglida Technology, and planned to set up a subsidiary in Mexico, with investment of USD10 million and USD90 million from Shenzhen Minglida and Hong Kong Minglida respectively . The planned subsidiary will invest in an aluminum alloy extrusion project in Mexico that produces aluminum extrusion profiles, castings and plastic structural parts used for photovoltaic energy storage and NEV industries . The project will also include processing of profiles and die-casting structural parts.