IVEMSA Welcomes Furukawa Electric Group to Mexicali During Ribbon-Cutting

MEXICALI, Mexico, Dec. 15, 2017 /PRNewswire/ -- Furukawa Electric LatAm, with the guidance of Mexico manufacturing consultants IVEMSA, opened its new 6,000-square meter manufacturing facility in Mexicali last Friday, December 8. Furukawa LatAm, a Furukawa Electric Group company that produces products and equipment for indoor and outdoor network infrastructure solutions, worked closely with IVEMSA to select the facility and set up their business entity in Mexico.

IVEMSA president Sergio Tagliapietra attended the new facility's ribbon-cutting as an honored guest and joined mayor of Mexicali, Gustavo Sanchez, and Furukawa Electric executives at the presidium. Mayor Sanchez welcomed Furukawa Electric to Mexicali and thanked IVEMSA for their continuing efforts to bring more foreign businesses to Mexicali and Mexico. He also recognized IVEMSA's long history of supporting foreign companies through shelter services and its benefits for Mexicali's economic development.

The new facility will have two operating units: one to produce fiber optic cables and cordages, and the other to connect and assemble optical equipment, cordages and accessories. Furukawa Electric expects to generate 150 direct and 30 indirect jobs through the new plant in just the first year.

Furukawa selected IVEMSA to guide them throughout the project, a process that took about two years and included numerous visits to Mexicali. IVEMSA advised the company on site selection, helped them navigate the city and explained best-case scenarios for setting up in Mexico. IVEMSA also provided guidance on fiscal, trade compliance and environmental regulations. 

Roberto Durazo, Director of Business Development for IVEMSA said, "We are very proud to support the new Furukawa Electric operations with our hands-on management services. We are offering all our support for ongoing project management, recruiting, HR compliance, trade compliance, logistics coordination, accounting and finance services."   

Founded in 1982, IVEMSA provides shelter and administrative services to foreign companies that want to move manufacturing operations to Mexico. Based in Mexicali and with six locations throughout Baja and Central Mexico, IVEMSA guides companies through the entire process of establishing and conducting operations in Mexico, including site selection, trade compliance, human resources, recruiting, accounting and environmental health and safety.

For more information on IVEMSA, visit ivemsa.com.

For more information on Furukawa Electric LatAm, visit furukawalatam.com

SOURCE IVEMSA