Daetwyler Rubber expands business in NAFTA countries

Schattdorf, Switzerland -- In July 2008 Daetwyler Rubber will open a new plant in Silao, Mexico. The new production site is in Guanajuato state, within the so-called "Golden Triangle" of Mexico, and will offer 5,000 square meters of production space.

In the North American Free Trade Agreement (NAFTA) zone more and more American factories of OEM carmakers and their suppliers are moving to Mexico, to utilize the advantages Mexico offers as a low-cost country known for its strong industrial development.

"With business expanding in North America and the new plant opening in Mexico, Daetwyler Rubber supports the strategic development of customers in this region", says Alessandro Ranzoni, Head of Automotive & Construction Components.

Daetwyler Rubber is a recognised component maker for automotive suppliers, construction companies and other industries. The Automotive Business Unit's strategic applications include braking systems, fuel and engine management, as well as comfort and safety equipment. Daetwyler Rubber is part of the Swiss Daetwyler Group whose five divisions generate approximately 900 million Euros in revenue with some 4,700 employees worldwide.

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Press reslease from Daetwyler