|Facilities > Reynosa, Mexico|
PRESS RELEASE - August 17, 2009
Beach Mold and Tool, Inc. has commenced a consolidation of its Mexican manufacturing operations. The Reynosa Mexico plant, Beachmold Services S de RL de CV, will cease operations. Production for several of its larger customers will move to the company’s Queretaro Mexico manufacturing plant.
While we regret the impact of leaving the Reynosa area, this consolidation was needed in order to offset the impact of lower sales volumes in each of its Mexican plants due to the global economic downturn. This action will also reduce its infrastructure costs in Mexico and enhance its Queretaro operations.
The Reynosa plant, which started in 2000, operated from a sixty-five thousand square foot leased building with twenty-seven injection molding presses ranging from fifty to one thousand ton. The Company, in connection with the building owner, plans to seek a buyer for the facility and its presses.
Beach Mold and Tool, Inc. is a top fifty ranked privately held custom injection molder with operations in Indiana, Virginia and Mexico. Beach provides precision tooling, plastic injection molding and manufacturing solutions for original equipment manufacturers (OEM’s) in the consumer/medical, business electronics and transportation sectors throughout North America and global locations.
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