Corporate Presentation Quimmco, S.A. de C.V.

Transcription

1 Quimmco Presentation Corporate Presentation

2 Quimmco Presentation Grupo Quimmco Overview

3 Quimmco Presentation Grupo Quimmco - Overview Industrial consortium headquartered in Monterrey, Mexico. Manufacturing businesses in the metalmechanic, chemicals and construction industries 2010 Consolidated Sales: US$700 million Chemicals 4.5% Construction 1% Production facilities located mainly in Northern Mexico Strong export history 4,155 employees Metalmechanics 94.5%

4 Quimmco Presentation Vision & Mission Vision: Become a world-class supplier of choice to auto, truck, and off-highway equipment OEMs as well as prominent Corporations Mission: Profitable growth by offering high quality products at competitive prices and through superior customer service

5 Quimmco Presentation Divisional Corporate Structure and Coordination QUIMMCO, S.A. DE C.V. (Parent) 50% 50% 51% METALMECHANICS DIVISION Sistemas Automotrices de Mexico (Truck axles & brakes) Manufacturera de Cigüeñales de Mexico (Crankshaft machining) Forja de Monterrey (Forged I-beams & crankshafts) CNH de Mexico (Tractors & Construction equipment) CNH Serv. Comerciales (Sofom - Tractor financing) Sudisa (Trailer axles) 65% Blackhawk de Mexico (Gray & ductile iron castings) Quimmco Centro Tecnologico (Molds & fixtures, cutting tools and machining) Quimmco USA (Export Sales for Metalmechanic Division) CHEMICAL DIVISION Industrias Oleoquímicas (Polyurethane raw materials) Quimica Pumex (Polyurethane resins and polyols) Aislantes Celulares (Polyurethane foams) Spraymex (Sprayed polyurethane and mouldings) CONSTRUCTION DIVISION Torreon Promotor Inmobiliario (Affordable housing) Promotora de Bienes de Capital (Office furniture) Grupo Industrial Tres Ríos (Prefabricated concrete materials)

6 Quimmco Presentation Joint Ventures - Metalmechanics CNH de México Joint Venture of Quimmco and CNH Global One of the top manufacturers of agricultural tractors in Mexico Exclusive distribution of CNH Global agricultural and construction equipment Extensive dealer network & leading brands Strong market share Sisamex Joint Venture of Quimmco and Meritor One of the top manufacturers of axles, brakes, and related components for medium- and heavy-duty trucks in Mexico Strong export history Exclusive supplier to ArvinMeritor customers located in Mexico Leading market share

7 Quimmco Presentation Wholly Owned Businesses - Metalmechanics Precision Machining Manufacturera de Cigüeñales de México, S.A. de C.V. ( Macimex ) Dedicated to the precision-machining of casted and forged crankshafts One of the largest crankshaft machining companies in the world. GM Supplier of the Year 2003 Strong platform for future growth Forgings Forja de Monterrey, S.A. de C.V. ( Forja ) Forging plant dedicated to the production of front-axle i- beams for heavy-duty trucks and crankshafts for large diesel and gasoline engines One of the largest and most modern suppliers of forgings in the North American market Strong export history and solid platform for future growth Castings Blackhawk de México, S.A. de C.V. ( Blackhawk ) Foundry of gray and ductile iron for the production of castings to supply OEM and Tier 1 customers Modern, efficient and highly flexible production facility Plant Engineering Award 2008 and Metalcaster of the Year 2009 designated by American Foundry Society Strategic location Tooling Quimmco Centro Tecnológico, S.A. de C.V. ( QCT ) Three business units: Molds & dies for the foundry and forging industries Manufacturing and re-sharpening of special cutting tools Machining services Complements other Quimmco businesses

8 Quimmco Presentation Product Portfolio - Metalmechanics Metalmechanics Division: Heavy-duty truck axles, brakes, drivelines & other components Trailer axles and related components Agricultural tractors, construction equipment, implements & related components Forged front axle i-beams, crankshafts & other components Precision machined crankshafts Gray & ductile iron castings Molds, fixtures, cutting tools & machining services

9 Quimmco Presentation Complementary businesses - Chemicals Polyols: Química Pumex, S.A. de C.V. ( Pumex ) Dedicated to the production of polyols and rigid polyurethane foams for application in the construction, refrigeration and appliance industries The largest integrated independent producer of rigid polyurethane foams in Mexico Strong export history Polyurethane Foam: Aislantes Celulares, S.A. de C.V. ( ACSA ) Dedicated to the production of polyurethane foams Systems house specialized in the formulation, distribution, and marketing of rigid polyurethane foams Application equipment Focused in the domestic market Construction Materials: Spray Mex, S.A. de C.V. ( SprayMex ) Dedicated to the production and sale of products for the construction industry The product, Durestone, is made from polyurethane. It is a substitute to traditional and more expensive construction natural materials Great sales potential Polyester Polyols: Industrias Oleoquímicas, S.A. de C.V. ( IOSA ) Dedicated to the production of intermediate products for diverse industries Products include polyester resins, acrylic resins, adhesives, elastomers, and complementary polyesters used in sprayed rigid polyurethane foams

10 Quimmco Presentation Complementary businesses - Construction Office Furniture: Promotora de Bienes de Capital, S.A. de C.V. ( PBC ) Dedicated to the design, manufacture, and sale of office furniture and furniture systems. Production plant in Escobedo, Nuevo Leon Sells its products with the brand WKS through its own sales network to the office and institutional markets Affordable Housing: Torreón Promotor Inmobiliario, S.A. de C.V. ( TPI ) Develops and builds affordable housing projects in the Northern States of Mexico Taking advantage of significant demand in Mexico for this type of housing Concrete Materials: Grupo Industrial Tres Ríos, S.A. de C.V. ( GITR ) Dedicated to the manufacturing and sale of prefabricated concrete materials and structures Target market are industrial plants and buildings Serving the growing market of maquiladoras and industrial plants establishing or expanding operations in Mexico

11 Quimmco Presentation Product Portfolio Chemicals / Construction Chemical Division: Polyols and polyurethane raw materials Sprayed and poured rigid polyurethane foams Application equipment Construction Division: Office furniture Affordable housing & Prefabricated concrete materials

12 Quimmco Presentation Well established and long lasting relationships with world-class customers Axle Alliance Chrysler CNH Global Daimler Trucks Dana General Motors Hendrickson International John Deere Kenworth Mercury Marine Meritor Renault Trucks Scania Teksid Freightliner Mack Trucks Volvo

13 Quimmco Presentation Consistent Financial Performance FISCAL YEAR 2010 Preliminary Consolidated Results Net Sales EBITDA Assets US$700 million US$60 million (8.6% of sales) US$664 million Personnel 4,155

14 Quimmco Presentation Strategic Rationale - Metalmechanic Division The company has made significant investments in the sector due to its strong growth potential. The company believes that Mexico has a natural competitive advantage due to its: Readily available qualified workforce Strategic location within NAFTA Advanced and developing automotive industrial infrastructure Key Production Platform

15 Quimmco Presentation Corporate Strategy The strategic focus of the company is defined by the following key elements: Facilitate Organic Growth Continue investing in current businesses to leverage & improve strong market positions Enhance Operating Efficiency Continue improvement of manufacturing processes and practices to maximize efficiencies and reduce costs Identify new business opportunities Leverage expertise in current production processes to enter new markets and businesses with improved growth prospects and higher margins Target: Profitable, controlled & sustained growth

16 Quimmco Presentation Investing for Growth Cumulative Capital Expenditures (US$ Million) Average US$42 MM per year

17 Quimmco Presentation Social Responsibility Grupo Quimmco views social responsibility as an integral part of its activities. The company is fully committed to the well being of people and preservation of the environment. Reduce energy consumption Protect the environment Improve quality of life Sustainable Development Grupo Quimmco subsidiaries are in full compliance with clean industry standards

18 Quimmco Presentation Grupo Quimmco In Summary The long term market outlook is strong Trends point to continuous assembly migration into Mexico Mexico is strategic and low cost sourcing location Grupo Quimmco is well-positioned Complementary portfolio of businesses Strong investment in modern production and process technologies Executing plans to deliver performance With the right personnel in place World class management practices

19 Quimmco Presentation Grupo Quimmco Companies Brief Profiles

20 Quimmco Presentation AGRICULTURAL AND CONSTRUCTION MACHINERY CNH de México, S.A. de C.V. ( CNH )

21 Quimmco Presentation Overview World class manufacturer of agricultural and construction machinery Products include agricultural machinery: tractors and machinery for harvesting, forage and seeding equipment; construction equipment: excavators, trenchers, wheel loaders and related equipment New Holland and Case are strongly positioned brands in the domestic market Extensive dealer network with more than 210 agricultural and 120 construction machinery points of sale throughout Mexico Financial services company (CNH Serv. Comerciales) offering financing to consumers ISO 9001:2001 and Ocima certifications

22 Quimmco Presentation Markets Served Agricultural Machinery 70% Main Products: Tractors Hay & Forage Equipment Seeding and Application Equipment Construction Equipment 12% Main Products: Articulated Trucks Excavators Track Loaders Compaction Equipment Loader / Backhoes Forklifts Telehandlers Wheel Loaders Service & Parts 18%

23 Quimmco Presentation Awards & Certificates 2007:2010 ISO 9001:2000 certificate 2007:2010 Ocima Tractor certificate

24 Quimmco Presentation Geographic Location CNH de México Ave. 5 de Febrero 2117 Fracc. Ind. Benito Juarez Querétaro, Qro. Tel. (442) Fax. (442)

25 Quimmco Presentation AXLES, BRAKES & ASSEMBLIES Sistemas Automotrices de México, S.A. de C.V. ( Sisamex )

26 Quimmco Presentation Overview World class manufacturer of components for commercial vehicles Products include axles, brakes, and related components and assemblies for medium- and heavy-duty trucks One of the most efficient and reliable manufacturers of commercial vehicle components in North America Front steer and drive axles. Single and tandem rear drive axles. Brakes, drivelines and other components ISO 9001 and ISO/TS certification Assembly, machining and other finishing capabilities

27 Quimmco Presentation Markets Served Trucks 70% Main Products: Axles Brakes Drivelines Single Drive Axle Buses 5% Main Products: Axles Brakes Drivelines Other Applications 25% Main Products: Housings Carrier mountings Diff cases Gear sets Yokes Meritor Tandem Axle Meritor Q Plus Cam Brake

28 Quimmco Presentation Main Customers

29 Quimmco Presentation Awards & Certificates 2007: Most Innovative Companies Award 2007/2008 PACCAR Quality Award 50 PPM s Clean Industry Certificate

30 Quimmco Presentation Geographic Location Sisamex C. Monterrey-Colombia Km. 6 General Escobedo, N. L. México Tel. (81) Fax (81)

31 Quimmco Presentation FORGINGS Forja de Monterrey, S.A. de C.V.

32 Quimmco Presentation Overview Modern heavy forging plant. 2 fully automated lines. TMP Presses Line 1 features a 12,500 T Press specialized in the production of i-beams for heavy-duty trucks and diesel engine crankshafts. Capacity of 300,000 units per year Line 2 features a 8,000 T Press dedicated mainly to the production of gasoline crankshafts. Capacity of 700,000 units per year Finishing operations including heat treatment, machining, mass centering, tooling design and fabrication & surface treatment ISO 9001 certified since 2004 ISO/TS certified since 2008

33 Quimmco Presentation Markets Served Heavy Truck 60% Main Products: I-beams Crankshafts Suspension arms Knuckles Ring Gears Passenger vehicles 40% Main Products: Cranskhafts

34 Quimmco Presentation Main Customers

35 Quimmco Presentation Awards & Certificates Mexican Association of Technological Development 3rd Place Technological Innovation 2006 Mexican EPA Clean Industry Certificate

36 Quimmco Presentation Geographic Location Forja de Monterrey Carr. Monterrey-Colombia Km. 6 General Escobedo, N. L. México Tel. (81) Fax (81)

37 Quimmco Presentation PRECISION MACHINING Manufacturera de Cigüeñales de México, S.A. de C.V. ( Macimex )

38 Quimmco Presentation Overview One of the largest crankshaft machining companies in the world Dedicated to precision machining of casted and forged crankshafts for auto, agricultural and recreational vehicles Fully automated machining lines with best in class equipment Capacity to machine 2.1 million crankshafts per year Direct and indirect exports account for more than 80% of sales ISO 9001 and ISO/TS certification

39 Quimmco Presentation Markets Served Automotive 85% Main Products: Gasoline engine Crankshafts Agricultural Equipment 10% Main Products: Diesel engine Crankshafts Other 5% Main Products: Crankshafts for Boats & Other applications

40 Quimmco Presentation Current and Past Customers A Company for

41 Quimmco Presentation Awards & Certificates General Motors 2003 Worldwide Supplier of the Year

42 Quimmco Presentation Technical, Engineering and Supply Chain Capabilities

43 Quimmco Presentation Geographic Location Manufacturera de Cigüeñales de México Carr. La Marquesa Tenango Km Tenango del Valle, Edo. Mex. México Tel. (722) Fax (722)

44 Quimmco Presentation TOOLING & MACHINING Quimmco Centro Tecnológico, S.A. de C.V.

45 Quimmco Presentation Overview Quimmco Centro Tecnológico ( QCT ) has three business units: Molds & dies for the foundry and forging industries Manufacturing and re-sharpening of special cutting tools Machining services Recent investments to increase capacity Best in class equipment Design and manufacturing engineering capabilities ISO 9001 and ISO/TS certification

46 Quimmco Presentation Markets Served Heavy-Duty Truck & Auto 90% Main Products: Foundry Tooling Forging Tooling Machining Fixtures Special Drills Special Cutters Hob & Broach Regrinding Ductile Iron Machining Aluminum Machining Other Applications 10%

47 Quimmco Presentation Main Customers

48 Quimmco Presentation Geographic Location Quimmco Centro Tecnológico Blvd. Vito Alessio Robles 4383 Fracc. Ind. Valle de Saltillo Saltillo, Coahuila México Tel. (844)

49 Quimmco Presentation CASTINGS Blackhawk de México, S.A. de C.V.

50 Quimmco Presentation Overview Foundry specialized on gray and ductile iron castings 20,000 metric tons annual capacity. Operating at 13,000 MT with a headcount of 200 Product range from 2 kgs (5 lbs) to 100 kgs (220 lbs) Current mix is 85% ductile and 15% gray iron ISO 9001 certified since 2004 ISO/TS certified since 2009 Currently 15% of the production is supplied fully machined

51 Quimmco Presentation Markets Served Heavy Truck 80% Main Products: Diff Cases Diff Carriers Slip Yokes Wheel Hubs Farm Equipment 15% Main Products: Hydraulic components Flywheels Wheel Hubs Steering Arms Retainers Other 5% Main Products: Cable Drum Brake Cylinder

52 Quimmco Presentation Main Customers Argentina S.A. Italia S.p.a México

53 Quimmco Presentation Blackhawk Milestones 2006: Value Added Operation Starts offering value added operations (painting, machining, heat treatment and full assemblies) 2007: Lean Manufacturing People involvement & empowerment through Kaizen events Plant Productivity 2008: Flexibility & Exports Key Capital Investments (Press Pour, Holding Furnace, CNC Finishing, Mold handling - Didion) High flexibility for lot sizes and metal grades Started exports to Europe and South America Quality System upgrade from ISO 9001 to ISO/TS : Innovation ISO/TS Certification American Foundry Society Plant Engineering Award 2009 (First time to non US Foundry) Low cost tooling / pattern implementation

54 Quimmco Presentation Awards & Certificates American Foundry Society Modern Casting Magazine Plant Engineering Award 2008 Metalcaster of the Year 2009

55 Quimmco Presentation Geographic Location Blackhawk de México Carretera Villa de García Km A Santa Catarina, Nuevo León México Tel. (81) Fax (81)

56 Quimmco Presentation POLYURETHANE FOAM Química Pumex, S.A. de C.V.

57 Quimmco Presentation Overview Química Pumex is the largest integrated independent producer of rigid polyurethane foams in Mexico Manufactures and markets rigid polyurethane foams for the following applications: Sprayed foam for housing and piping insulation, pipe sealant, coating and cleaning Poured foam for refrigeration appliances & equipment Mouldings, buoys Polyurethane advantages: strong, lightweight, durable, resistant to abrasion & corrosion ISO 9001 certification

58 Quimmco Presentation Markets Served Sprayed Foam 35% Main Products: Housing Insulation Piping Insulation Chicken & Pork Farms Poured Foam 35% Main Products: Refrigeration equipment Appliances Mouldings 15% Other Applications 15%

59 Quimmco Presentation Main Customers

60 Quimmco Presentation Geographic Location Química Pumex Libramiento Noroeste Km 12.8 García, Nuevo León México Tel. (81) Fax (81)

61 Quimmco Presentation OFFICE FURNITURE Promotora de Bienes de Capital, S.A. de C.V. WKS

62 Quimmco Presentation Overview Promotora de Bienes de Captital is a 100% Mexican company dedicated to the design, manufacture, and sale of office furniture and fine doors The company has its production facility in Escobedo, Nuevo León. Modern production equipment and design capabilities Sells its products with the WKS brand mainly to institutional clients Recently has won several important contracts with prominent customers such as Grupo Financiero Banorte, Teleperformance, and Federal & State Governments Recognized quality and export history

63 Quimmco Presentation Markets Served Institutional Office 80% Main Products: Doors Desks Chairs Tables Reception furniture Work stations Complementary accesories Design accesories Complete office space solutions Other markets 20%

64 Quimmco Presentation Main Customers

65 Quimmco Presentation Geographic Location Promotora de Bienes de Capital Av. Roble 701 Planta Baja Col. Valle del Campestre Garza García, Nuevo León México Tel. (81) Fax (81)

66 Quimmco Contacts Presentation Sistemas Automotrices de Mexico (81) (81) Macimex (722) Tenango + 52 (844) Ramos Arizpe + 52 (722) Quimica Pumex Spray Mex (81) (81) Sudisa (333) (333) Blackhawk de Mexico (81) (81) Aislantes Celulares (81) (81) Forja de Monterrey Quimmco Centro Tecnologico (81) (844) (81) (844) Industrias Oleoquímicas (81) (81) Address Av. Roble No. 701, 11 th floor Col. Valle del Campestre San Pedro Garza García, N.L., México (81) (81) info@quimmco.com CNH de México (422) (422) Quimmco USA + (954) (954) Promotora de Bienes de Capital (81) (81) Torreon Promotor Inmobiliario (81) (81) Grupo Industrial Tres Ríos (81) (81)