SAN LUIS POTOSI, Mexico—Custom compounder Preferred Compounding de Mexico plans to expand its San Luis Potosi facility while adding personnel and bringing new equipment on board to remain ahead of demand.
The wholly owned subsidiary of Barberton, Ohio-headquartered Preferred Compounding Corp. has begun construction on a 15,000-sq.-ft. addition to the San Luis Potosi plant, which currently spans 66,000 square feet.
It also has added a second Farrel F-270 black mixer and an in-line gear pump strainer and is hiring salaried and hourly employees, the firm said.
While the current employment figure at the factory was not released, total employment at the Mexican site is expected to be nearly 100 by the beginning of winter, said Scott Lieberman, general manager of Preferred Compounding de Mexico and vice president of strategic initiatives for Preferred Compounding.
“We expected robust growth for this operation and are continuing to invest to stay ahead of it,” he said.
Financial details were not disclosed.
The facility provides custom rubber compounds to the Mexican operations of U.S., European and Asian parts manufacturers. Its services include flexible supply and materials agreements, compound development, improvement and testing resources, and the firm's MixLoc Quality Program, which includes 24-hour, seven-day online access to quality data and more, the company said.