Americas Business Headlines International Morocco

Automotive industry: US company Lear opens new plant in Meknes

The American group specializing in the manufacture of automobile seats and electrical and electronic systems has inaugurated a new factory in Meknes that adds to the 15 units the US group already operates in Morocco. The new site, which required an investment of $18.3 million (200 Million DH), was built on an area of 54,000 […]

Americas Business Headlines International Morocco

US automotive company Adient to set up new plant in Kenitra

US automotive company Adient is set to establish a new production unit for fairings in the industrial zone of Kenitra, western Morocco. The project related agreement was initialed Monday by Moroccan Minister of Industry and Trade, Moulay Hafid Elalamy, and the company’s Executive Vice President EMEA, Michel Berthelin.   The project, requiring a budget of […]

Americas Business Headlines International Morocco

Automotive: Canadian Magna Builds Mirrors Plant in Morocco

Magna, one of Canada’s largest automobile parts manufacturers, has launched construction works for the building of a new facility in Kenitra, Morocco, to supply global automakers with exterior and interior mirror systems. The 61,400-square-foot facility represents an investment of $11.3 million by Magna and is expected to create up to 275 jobs. Production at the […]

Business Europe Headlines International Morocco

French Le Piston to set up second air industry plant in Morocco

Le Piston, a French company manufacturing airplane and helicopter parts, will set up its second plant in Morocco for a total investment of €5 million, Moroccan media said. The plant will be built in Casablanca over 4000 square meters and will produce parts that range up to 1.20 meters, Le Piston President said. The new […]

Americas Business Headlines International

Nexteer Automotive Company Sets up Plant in Morocco

Morocco’s automotive ecosystem is expanding and attracting more and more investors, upbeat over the North African Kingdom’s growth potentials in this very competitive sector. Among these investors, Nexteer automotive, which has unveiled plans to set up a new production facility in Kenitra, about 40 km to the north of Rabat. In a first stage, Nexteer […]