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Published by Invest Monterrey

Hultek to invest in new high-tech facility in Nuevo Leon

 

Hultek will invest in a facility that will have more than 100,000 square feet of construction in the first stage, as well as more than 70 manufacturing machines, line automation, testing laboratory, loading, and logistics center, among other facilities.

 

The new facilities will unify its three production facilities located in Nuevo León, and the products will be destined for the automotive and home appliance industries, among others.

 

This center will be one of the largest production hubs for molded rubber parts and extruded profiles in the country (in terms of companies not dedicated to the tire sector) and will be located in García, Nuevo León.

 

“During the last year, we have grown more than 25%, driven by the strategy of relocating the supply of tractor companies,” said Carlos Gonzalez, CEO of Hultek.

 

The company manufactures more than 60 million rubber parts each year, which has enabled its expansion with customers from a wide range of industries, including electronics and the energy sector.

 

Gonzalez acknowledged that the regionalization context of sourcing has helped the company’s growth. However, there are some challenges that the rubber and processing industry faces with the so-called new reality.

 

“The rubber parts sector comes to import 60% of the inputs for production, and in recent months there has been a shortage of some of these elements,” said Gonzalez.

 

For this reason, the company has resorted to new processes, investment in machinery, and the redesign of the production plan to keep its manufacturing areas working, the executive concluded.

 

Source — Mexico Industry

Categorized in: This post was written by Invest Monterrey

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