left side
space
News Room

Prince Manufacturing Expands North American Operations in Mexico
JUAREZ, MEXICO (May 15, 2006) Prince Manufacturing announced the opening of a new manufacturing facility in Juarez, Mexico, on May 2, 2006. The announcement marks Prince Manufacturing’s second major expansion this month, following the company’s opening of a new facility in Garrett, Indiana.

Prince Manufacturing, a leader in contract manufacturing, is a key strategic outsource in the metals and composite materials industries, offering a range of diverse services including design, metal stamping and forming, assembly services, liquid and powder coatings, and more.

The new facility, which covers more than 57,000 square feet, provides the company with increased agility to meet the ever-growing demands of its customer base throughout North America. The addition enhances Prince’s capabilities to offer a complete range of strategic outsource manufacturing services all under one roof.

The new facility focuses on technical and electrical-mechanical assembly.

The opportunity to open the new Juarez facility presented a win-win scenario for Prince Manufacturing and one of its client partners, according to President and CEO Bernie Talwin. “One of our customers, a brand that’s a well-known household name around the world, originally opened a manufacturing facility on the site. But changes in the global economy meant that it just didn’t make good economic sense to continue operating the plant. It made much more sense for them to focus on core competencies and outsource the work that was done at that facility to a company like Prince Manufacturing. We were able to forge a long-term strategic relationship with them. We’re always looking for ways to grow while offering a big win to our customers.”

In addition to the opportunity to be a strategic partner, Prince Manufacturing recognized a chance to expand its own capabilities. “At the same time, we were looking to expand,” Talwin added. “We always are when we can be a better strategic partner and better meet the needs of our customers. Rather than closing the facility, we were able to take over operations. It made a lot of sense for everyone concerned. We were able to increase our capacity to better align with our customers’ strategies, and they were able to improve the efficiency of their own operations.”

As with the company’s new facility in Garrett, Indiana, the Juarez facility asserts Prince Manufacturing’s commitment to local communities. “Had the facility closed, a number of workers could have lost their jobs,” said Aurelio Acosta, General Manager of Prince Manufacturing’s Southwest and Latin America operations. “Instead, just about all of those employees are now building long-term careers with us. We’re tremendously happy about that. We feel it is critical to support the local economies everywhere we do business—in the United States as well as Mexico and, ultimately, around the world. In the end, everyone will benefit.”

Once the idea was proposed, the deal came together quickly. “Everyone recognized the benefits at once,” Talwin explained. “We were able to negotiate, close the deal, and begin operations within three months. We think that’s pretty impressive. It just goes to show what can happen in a situation where everybody wins.”

About Prince Manufacturing:

Prince Manufacturing is a contract manufacturing solution provider focused on eliminating waste in its customers’ value streams by providing fabrication, forming, finishing, and assembly of metal and composite products.

Whether clients are looking for a source for a single step in the production process, such as E-Coating or Metal Stamping, or a seamless complete process strategic outsource for a product or component, Prince Manufacturing is a “one stop shop” that helps reduce costs and eliminate risks in an entire supply chain.

With locations throughout the United States and in Mexico, Prince Manufacturing is committed to being the metal and composite materials industry’s most trusted strategic outsource partner.

spacer
right side