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Specializing in Fasteners for the Automotive Market, the ARaymond Network is Continuing to Invest Internationally, Notably in Mexico
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2017-03-13
With solid operations in 25 countries, spanning Europe, Asia, India, Brazil and Russia, the ARaymond Network is continuing to expand in 2017 with new investments in Morocco and Mexico. ARaymond unveiled a new plant in Casablanca (Morocco) on January 18 and is due to open a plant in San Luis Potosi (Mexico) in April.
The company decided around ten years ago to create a global collaborative network. In 2009, the ARaymond Network acquired the US company Tinnerman Palnut Engineered Products, enabling it to consolidate its US presence. With five plants operating to date, the production process encompasses a wide range of metal and plastic parts for the North American markets : Canada, the US and Mexico. This new plant in San Luis Potosi will enable the Network to expand its business in Central American countries by producing and shipping locally. Production is set to begin in April 2017, to produce injection-molded fasteners, plastic assemblies and over-molded components.
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