The Harting Technology Group, a Germany-based developer and manufacturer of connectivity solutions, this week announced plans to further expand its market position in North America over the coming years. For that end, the company will increase its production capacity at its manufacturing plant in Silao, Guanajuato.
Although no volume, sales or investment figures were revealed, the company said it plans to increase its current workforce from 50 to 200 strong “in the near future”.
Since mid-2016, Harting has been producing overmolded cables and wiring harnesses in its 1,200 sq.-m facility, and has a presence in the country's capital via a sales subsidiary company.
"Mexico is crucial in our growth strategy," said during a press conference Jon DeSouza, President and CEO of Harting Americas, adding that the decisive factors for the move were proximity to customers and the fact that well-known automotive manufacturers and suppliers had recently opened their own production facilities in Mexico.
The company's manufacturing facility in Silao Industrial Park is just one kilometer away from Leon International Airport. This enables Harting to ensure fast delivery to its customers from its own warehouse. In addition, the capital Mexico City is only 250 km away.
In the 2016/2017 financial year, Harting generated sales of nearly US$ 90 million in the Americas, an increase of some 22%. For 2017/2018, the Technology Group expects consolidated Group sales to increase by 5-6%.