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Paradigm Precision Expands its Mexico Manufacturing Footprint - Supplier integrates Mexico machining content into its complex aerospace component production - OffshoreGroup.com
Paradigm Precision Expands its Mexico Manufacturing Footprint

 

NewswireToday - /newswire/ - Tucson, AZ, United States, 2012/01/10 - Supplier integrates Mexico machining content into its complex aerospace component production - OffshoreGroup.com.

   
 
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Paradigm Precision is in the process of expanding its Mexico aerospace manufacturing footprint.

Paradigm Precision currently operates in 32,936 square feet of industrial space at the Roca Fuerte Industrial Park in Guaymas, Sonora, Mexico, under the Tucson, Arizona- based Offshore Group’sMexico Shelter Plan. Paradigm will soon be doubling the square footage that it occupies in the industrial park in order conduct its manufacturing operations within 65,872 square feet of new construction.

The company currently employs 83 individuals at its plant. This number will increase proportionate to the increase in industrial space occupied after the expansion occurs. Additionally, the company has extended its services for outsourced manufacturing support, or “shelter,” services in Mexico with The Offshore Group to 10 years from the date of the completion of the new building.

According to Mike Cowell, Paradigm Precision’s CEO,“The need to expand our Mexico manufacturing operations was precipitated by our strategic vision to integrate Mexico machining content into our complex Aerospace components.”

Paradigm Precision was formed through acquisitions of Smith West Inc., Palmer Manufacturing Co. Inc., and Eurocast S.A. in 2007 and TM Industries in 2008. The company is a leading manufacturer of complex machined components for the aerospace, land based power generation and marine markets. In addition to its Tempe and Guaymas, Sonora, Mexico manufacturing locations, Paradigm Precision also has facilities in Massachusetts as well as in Tunisia.

The Offshore Group is the largest provider of outsourced business support,“shelter” services in Mexico. Currently 61 businesses operate at The Offshore Group’s three Mexico manufacturing industrial parks in the State of Sonora, the city of Saltillo, Coahuila, and at the Group’s Vangtel subsidiary in Hermosillo. Vangtel offers Mexico shelter services to companies that occupy the call center, IT development and BPO markets, while the International Logistic Solutions Company (ILS) is a leading provider of supply chain services. The Offshore Group has recently initiated operations in Mexico’s second largest city, Guadalajara.

 
 
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Paradigm Precision Expands its Mexico Manufacturing Footprint

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Publisher Contact: Steven A. Colantuoni - OffshoreGroup.com 
520-889-0022
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any The Offshore Group securities in any jurisdiction including any other companies listed or named in this release.

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