SO.F.TER S.p.A. (www.Softerspa.com) announces the opening of a $5 million production facility in Mexico.
The venture is part of a plan for the thermoplastic elastomer and engineering plastics compounder to expand its activities in the South American market into the automotive and appliance sectors.
Located in Leon, the 10,000-metric-ton-per-year plant will increase Mexican capacity by 50 percent. The facility comprises offices, laboratory and production facilities. The company has operated a TPE production unit in Leon for the local footwear industry since 2006.
SO.F.TER Mexico is one of two overseas subsidiaries (the other is in Brazil) of the parent company which is located in Forli, Italy, with estimated annual sales of U.S. $126 million, and a total global production capacity of around 150,000 metric tons.
According to SO.F.TER general manager and chairman Luigi Carfagnini, the company will be able “to seize new opportunities in the manufacturing sector,” particularly in the automotive and appliance industries.
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