Revstone Buys Mexican Fabrication & Stamping and Magnesium Die Casting Facilities
12 January 2011
Revstone Industries, LLC has bought a magnesium die casting facility in Chihuahua, Mexico from Compass Automotive Group, LLC, and added a fabrication and stamping facility to its campus in San Luis Potosi, Mexico.
The magnesium casting facility will operate under Revstone’s Cast Metals Group as Revstone Chihuahua, LLC. The fabrication and stamping facility will operate under Revstone’s Formed Metals Group as part of Revstone SLP, LLC.
Both facilities are hoped to further Revstone’s strategy to significantly increase its presence in Mexico and will complement the company’s existing precision machining and assembly capabilities already operating at San Luis Potosi.Robert Carney, President of Revstone Mexico noted, "With the addition of these two plants, we are continuing to live up to our commitment to our customers to be a reliable supplier of a wide range of engineered solutions on a global level."
Revstone Chihuahua’s facility houses five die casting presses ranging from 600 tons to 1,200 tons, a hydraulic trim press, an overhead bridge crane, a spectrometer, and other valuable die casting equipment. In the near future, three 1,200-ton machines will be installed. The fabrication and stamping plant will initially house 11 progressive and transfer presses (ranging in size from 400 tons to 800 tons), robotic welding and tube & plate laser cutting machines, and other related fabrication equipment. Further capabilities to include fineblanking will be announced at a later date. Operations are scheduled to begin in June of this year.
Revstone is a recognized name in transportation, with over $1 billion in projected revenue. Headquartered in Lexington, Kentucky, with regional offices in Michigan, New York, and China, Revstone maintains a global reach and provides services related to the design, engineering, manufacture, and marketing of products for the automotive and commercial trucking industries. Revstone operates manufacturing facilities in more than 60 locations throughout North and Central America with plans to expand further within Europe and the Asia-Pacific region.