Haldex Commercial Vehicle Systems on Friday, July 16, announced plans to further expand its facility in Monterrey, Mexico, by moving all production activities from its facility in Iola, Kan. Haldex says Monterrey is well suited for the expansion since it has been the primary brake actuator production facility since 2002 and recently expanded production by moving into a new 200,000-square-foot facility.
The company says the Monterrey plant is located in a region of increasing significance for the North American automotive industry and recently has undergone an investment program. “The investment in the Monterrey facility will significantly increase operational efficiencies and enable Haldex to better meet our North American commercial vehicle customer requirements,” says Jay Longbottom, executive vice president and head of Commercial Vehicle Systems.
The company says the relocation of production – which will occur during the third and fourth quarters of this year without service interruption – results from the need to consolidate and improve activities resulting from past acquisitions, and that investing in one site utilizes capital and human resources more effectively. Haldex says customers will be notified regarding the transfer of production between facilities.