MEXICO CITY - Dina Composites SA de CV, a plastics automotive part subsidiary of Mexico's struggling bus and truck producer Consorcio G Grupo Dina SA de CV, is set to win General Motors Corp. business In late March, the labor-intensive, hand-layup composites plant signed a letter of intent with General Motors de Mexico to produce 1,500 resin transfer molded hoods for GM's Kodiak trucks in Mexico.
The deal, which should be confirmed this month before work begins May 2, is important for Dicomsa because it shut down the bus plant for 60 days beginning in February as the market for heavy vehicles in Mexico shrank.
Dina's plastics plants, including Plasticos Automotrices Dina SA de CV, have pushed to win third-party business after internal demand all but dried up.
``We went to General Motors in the first place. We have been working on getting this business for some two months,'' said Gabriel Toscana, the projects and purchasing manager.
Dicomsa has been working weekend shifts to handle a major contract from Mexico's giant national telephone company, Telefonos de Mexico, to convert 500 pickup trucks to ``camper'' vehicles.
Much of the plant's parking lot and grass space is filled with the 400 pickups awaiting conversion.
Padsa is buying new equipment to fill Chrysler Corp.'s order for hoods and deck lids for its JX-27 car. That work is due to begin in June.