Innovax

What Innovax does

Grupo Industrial Innovax (operating as Innovax) is a privately held, 100% Mexican industrial manufacturer headquartered in Toluca, State of Mexico, with more than 25 years operating in the automotive supply chain. The company designs, manufactures, and installs custom clamping and fastening devices (dispositivos de sujeción) used in machining operations for automotive parts such as radial housings, knuckles, turbo housings, air drying units, and brackets. Its product line spans monolithic, assembled, manual, and hydraulic device configurations, with named products including 855-002, 853-002 (Knuckle 40194972 AAM), BMTS 317916 GMW, 852-024, 507-147, and C8A-MF-760.

The business operates as a vertically integrated fixture shop. An in-house engineering team develops the device designs, a production function manufactures the components, and an assembly and testing function validates each unit under operating conditions using pokayokes (mistake-proofing) within a formal quality management system. The full scope from engineering design through delivery and installation is handled internally, positioning the company as a single-source supplier for each qualified machining line.

Commercially, Innovax runs a direct, consultative enterprise sales motion targeting national and foreign automotive manufacturers operating in Mexico, with all customer inquiries routed through its website contact form and pricing not publicly disclosed. The company describes a stated corporate vision to expand its footprint to additional regions of Mexico and achieve broader national and international recognition. Revenue, headcount, ownership structure, and customer roster are not publicly disclosed, and no external funding, acquisitions, partnerships, or management team information appears in available sources.

Name

Innovax

Legal name

Grupo Industrial Innovax

Website

https://innovax.com.mx

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

Grupo Industrial Innovax (Innovax) is a privately held Mexican manufacturer in Toluca that designs, makes, and installs custom clamping and fastening devices for automotive machining operations, serving national and foreign automotive manufacturers in Mexico.

Ownership category

akta.pro rank

Headquarters

HQ city

Toluca De Lerdo

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D

Revenue model

1. Clamping Device Manufacturing and Sales: Design, manufacture, and sale of custom fastening/clamping devices (both monolithic and assembled types, manual and hydraulic) to automotive industry customers. Revenue generated through one-time product sales with delivery and installation services included.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Grupo Industrial Innovax designs, manufactures, and installs custom clamping/fastening devices (dispositivos de sujeción) for the automotive industry, available in monolithic, assembled, manual, and hydraulic configurations. Products are tailored for specific machining operations such as radial housing, knuckle, turbo housing, air drying unit, and bracket machining, and the company manages the full lifecycle from engineering design through production, assembly, testing, delivery, and on-site installation.

Product overview

Grupo Industrial Innovax is a 100% Mexican manufacturing company with over 25 years of experience, specializing in the design, manufacture, and service of clamping devices (dispositivos de sujeción) for the automotive industry. The company's product portfolio includes six named clamping device products (855-002, 853-002, BMTS 317916 GMW, 852-024, 507-147, and C8A-MF-760) designed for various automotive manufacturing operations including radial housing machining, turbo housing machining, air drying units, and bracket applications. These products are supported by three core service pillars: Engineering (device design and development), Production (component manufacturing), and Assembly & Testing (equipment assembly under operating conditions with quality verification through pokayokes). The company offers device types including Monolithic, Assembled, Manual, and Hydraulic configurations.

Differentiator

Problem solved

Functional benefit

Products and services

• 855-002 Clamping Device Custom clamping device for radial housing 35 UP machining operations, designed for left and right hand applications in automotive manufacturing.
• 853-002 Knuckle Clamping Device Clamping device for knuckle machining operations, part number 40194972 AAM, used in automotive manufacturing.
• BMTS 317916 GMW Turbo Housing Clamping Device Clamping device (part number 317916 GMW) for Operación 10 turbo housing (carcaza turbo) machining applications in automotive manufacturing.
• 852-024 Air Drying Unit Clamping Device Clamping device for Operación 20 air drying unit (unidad de secado de aire) machining applications in automotive manufacturing.
• 507-147 Quick-Change Bracket Clamping Device Quick-change bracket clamping device (BRACKET BSUV) for Operación 20 bracket machining applications in automotive manufacturing.
• C8A-MF-760 Clamping Device Clamping device (part number C8A-MF-760) for Operación 20 machining applications in automotive manufacturing.
• Engineering Design Services Design and development of custom clamping devices (Ingeniería), focused on improving customer manufacturing processes through tailored equipment engineering.
• Production Services Manufacturing of clamping device components (Producción), with quality assurance for each part used in customer plant operations.
• Assembly and Testing Services Equipment assembly and testing (Ensamble y Pruebas) under simulated operating conditions to guarantee proper functionality, using pokayokes to ensure equipment operates in optimal conditions.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Recent moves1 record

Expansion highlights3 records

Direct peers

• Allmatic: German specialist in zero-point clamping systems and workholding for CNC machining. Comparable to Innovax in producing custom clamping solutions tailored to specific customer machining operations in automotive and industrial manufacturing.
• Carr Lane Manufacturing: US manufacturer of workholding components, clamps, and fixturing elements used across CNC machining. Comparable to Innovax in producing clamping devices and related tooling consumables for automotive and industrial manufacturing lines.
• Gerardi: Italian producer of standard and customized workholding, clamping, and fixturing solutions for milling and turning. Comparable to Innovax in offering engineered clamping devices tailored to specific customer machining requirements.
• Röhm: German manufacturer of clamping devices, chucks, and workholding solutions for turning and machining. Directly comparable to Innovax in offering hydraulic and manual clamping devices and engineered fixtures for industrial machining applications, including automotive customers.
• Gressel: Swiss manufacturer of precision clamping and workholding systems for metal-cutting machinery. Comparable to Innovax in producing customized hydraulic and mechanical clamping devices for automotive and industrial machining customers.
• Destaco: Manufacturer of clamping, workholding, and automation components widely used in automotive machining and assembly. Directly comparable to Innovax in offering manual and hydraulic clamping devices and custom fixtures for automotive machining operations.
• Forkardt: Provider of workholding and clamping solutions (chucks, cylinders, fixtures) used in machining operations globally. Comparable to Innovax in serving automotive machining customers with hydraulic and engineered clamping products.

Broad incumbents

• Schunk: Global leader in workholding, clamping, and gripping systems serving the automotive industry. Comparable because Schunk supplies stationary workholding, hydraulic and manual clamping devices, and customized fixturing solutions for machining lines — directly overlapping with Innovax's product category, but at much broader global scale.
• Kitagawa: Japanese workholding manufacturer producing chucks, clamping devices, and fixturing for CNC machining. Comparable to Innovax in serving automotive machining lines with precision clamping products, though at broader global scale and deeper product portfolio.
• Misumi: Global industrial components catalog supplier with an extensive workholding and clamping device line. Comparable to Innovax because Misumi sells standard and configurable clamping/fixturing products to automotive and industrial machining customers, though as a broad catalog player rather than a custom manufacturer.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/innovaxgii
• Facebookfacebook.com/grupoindustrialinnovax
• LinkedInlinkedin.com/company/grupo-industrial-innovax-sa-de-cv

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Innovax