Loan for the Manufacturing and Sales Business of Automobile Engine Parts
Supporting the overseas business expansion of mid-tier enterprises and a SMEs through its first financing denominated in Mexican pesos

  • Area: Latin America and the Caribbean
  • Manufacturing and Services
  • Mid-Tier Enterprises and Small and Medium-Sized Enterprises(SMEs)

JBIC concluded a loan agreement with NISSIN MANUFACTURING CO., LTD. (NISSIN)'s Mexico-based subsidiary NISSIN MANUFACTURA DE MÉXICO, S.A. DE C.V. (NMX). This agreement provides funds denominated in the local currency necessary for NMX to establish a plant to manufacture automobile engine parts (rocker arms, etc.) in the state of San Luis Potosí, Mexico. NISSIN, a mid-tier enterprise that manufactures and sells automobile engine parts, established NMX in Mexico in 2012 and plans to expand its business in the country, as the demand for products such as automobile parts is expected to continue to grow, particularly in North, Central, and South America. This financing will contribute to efforts to at least maintain, if not improve, the international competitiveness of Japanese industry by supporting the overseas business expansion of NISSIN.
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