ALTDORF, Switzerland (Aug. 28) — Daetwyler Group, parent of Daetwyler Rubber & Plastics Inc., is considering opening a plant in Mexico to support its goal of expanding rubber-related activities in North America.
Daetwyler didn´t elaborate on its plans for Mexico, disclosed in the firm´s first half earnings statement.
In North America, Daetwyler serves the automotive industry through Daetwyler Rubber & Plastics in Marion, S.C., and the pharmaceutical packaging industry through Helvoet Pharma Inc. in Pennsauken, N.J.
Daetwyler Rubber´s annual sales last year hit $116 million. On a corporate basis, North America represented 8 percent of last year´s $977 million sales.