Market News Mapal opens second site in Mexico
The company has opened a second branch in Santiago de Querétaro and with this moved into the heart of the country.
Mapal Frhenosa occupies a leading position on the precision tools market in Mexico and employs roughly 120 people. The company’s headquarters are situated in Monterrey in the north of the country. The new factory in Querétaro gives it considerably more production capacity for reconditioning tools, as well as eventually creating 100 new jobs. “This second site gives us the opportunity to cut our response times by quite some margin whilst also meeting the ever more challenging requirements of our customers”, comments a delighted Dr Jochen Kress, president of the Mapal Group. In recent years, Querétaro has flourished into a major hub for the international automotive and aerospace industries.
Alongside customised process solutions for machining all manner of workpiece materials, Mapal Frhenosa offers rapid reconditioning of PCD tools and regrinding of solid carbide tools in both Monterrey and Querétaro. The two factories use identical machinery and production processes and comply with the exacting international standards of the Mapal Group. “For us, creating this new capacity is an investment in the future. We aim to keep on growing”, explains Lazaro Garza, CEO of Mapal Frhenosa in Mexico.
Mexico has signed free trade and co-operation agreements with more than 60 countries and is a strategically important location for the international Mapal Group, with abundant potential for development. Approximately €2.3 million was invested in constructing the new branch.