Avkem is excited to announce a larger facility as we continue to support our strong growth in Mexico. This new facility will more than double our manufacturing footprint, allowing improved logistics and manufacturing for cover flux, specialty flux production, and some refractory product line production. It will also increase warehousing space to support continued growth in Mexico. This facility also coincides with additional salespeople and a new operations manager in Mexico.
Laurence Secrest, COO, commented, “Our active presence in Mexico began back in 2008 with our first facility starting in 2010. With the strong aluminum growth in Mexico, especially related to automotive, as well as the strong performance of our Mexico team, we anticipate double digit revenue growth in the coming years. Already in 2016, we are projecting nearly 100% revenue growth over 2015. This new facility reinforces Avkem’s desire and ability to invest where needed to support continued growth.”
In addition to the increased production and warehousing capabilities, the new facility will house the administrative support team for Avkem in Mexico. The office space, warehousing, and production areas allow for flexibility and growth in the coming years. This facility is also strategically located to support improved freight and logistics for the Northern Mexico customer base.