QUERETARO, Mexico—Hexpol A.G. has invested $9.2 million in a 135-liter rubber mixing line, adding about 12,000 metric tons of capacity to its Queretaro facility.
The plant's capacity stands at 53,000 metric tons per year and represents Queretaro's third mixing line to focus exclusively on organic rubbers to serve the Mexico and Latin American region. Hexpol also added significant building and infrastructure additions to the site's campus.
"We are very proud of the achievements made by the business community here in Queretaro and throughout Mexico, and certainly honored to be part of this growth and Mexico's progress to date. We look forward to years of mutual success ahead," Tracy Garrison, president and CEO of Hexpol Compounding North America, told the audience of a Nov. 16 open house to celebrate the new addition.
Employment at Queretaro has increased to more than 160, compared to 90 in 2014. Hexpol said Mexico continues to be a country of unique development opportunities, primarily as a result of business growth in the automotive industry.
Hexpol also operates a site in Aguascalientes, Mexico, which has three rubber mixing lines and 27,000 metric tons of capacity per year.