2020 Figures

SALES:

US $742M

EBITDA:

US $97M

CAPEX:

US $39M

EQUITY:

US $649M

For a better understanding of normalized operations, the results of the second half are annualized:

SALES 1:

US $873M

EBITDA 1:

US $154M

 

PROJECTS

Towards its goal of Globalization, December 28th, 2016, GIS completed the acquisition of Infun Group. Business dedicated to the design, casting and machining of parts and components for engine, transmission and suspension systems for the auto industry. Infun has operations in Spain, Italy and China, this acquisition will consolidate more talent, experience and skills to our company, which will improve our capacities.

On December 2015, GIS acquired ACE Group, European leader in iron castings and aluminum castings and machining for brake systems in the Auto Industry. ACE has 60K tons of iron casting capacity and 9K tons of aluminum casting capacity. This acquisition is a first step towards achieving GIS’s vision of becoming a Global Organization.

In June 2014, the Joint Venture (JV) established with TRW Automotive for building an auto parts foundry plant in Irapuato, Guanajuato was announced. This plant will also integrate the machining process and is expected to start operations in the third quarter of 2015 (3Q15). Also, in December 2014, it was announced the partnership agreement with Fagor Ederlan to build a new auto parts plant focused on the automotive market in NAFTA, it is expected to commence production in 2016.

 

OUR TEAM

By the end of 2020, we had more than 6,000 talented people working at GIS.

FACILITIES

We are a global Company with operations in Mexico, Spain, Italy, the Czech Republic, Poland, and China. We have 18 production facilities: 10 Mexico, 7 in Europe, and 1 in China.