Swedish Zinkteknik invests SEK 150M in Mexico plant to serve North American auto market

Swedish family-owned Zinkteknik is investing 150 million kronor in a new factory in Monterrey, Mexico, to be closer to vehicle customers in North America. The move reflects nearshoring trends in the automotive supply chain, with the company explicitly citing market access rather than cost as the driver. This signals continued manufacturing relocation to Mexico to serve US demand.