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G.S. Precision to Expand Under Offshore Group Mexico Shelter Plan - A leading in supplier of high-precision machined components and sub-assemblies will expand its Sonora, Mexico operations
G.S. Precision to Expand Under Offshore Group Mexico Shelter Plan

 

NewswireToday - /newswire/ - Tucson, AZ, United States, 2010/12/06 - A leading in supplier of high-precision machined components and sub-assemblies will expand its Sonora, Mexico operations.

   
 
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Brattleboro, Vermont-based G.S. Precision will soon enlarge its manufacturing footprint in Guaymas, Sonora, Mexico.

The company has signed an agreement with the Tucson, Arizona-based Offshore Group to expand the leased space at the Roca Fuerte Industrial Park from its current 17,000 to 36,000 square feet. The more than doubling of production space will eventually result in a proportional increase in the plant's workforce. Under the terms of the agreement G.S. Precision has also extended its tenancy in The Offshore Group's Sonora industrial park until 2018.

According to the company's President, Norm Schneeberger, "This expansion reflects the confidence we have in the leadership and workforce in our Guaymas facility, as well as the Offshore Group's sister company, Maquilas Tetakawi, S.A. de C.V. The increase in our manufacturing in Mexico capacity is part of G.S. Precision's overall growth strategy, and will enable us to increase our ability to provide our customers with a lower cost option and expanded services, while continuing to leverage the experience and expertise of our team in Vermont."

G.S. Precision is a leader in the manufacturing of high-precision machined components and sub-assemblies for the aircraft engine, aerospace, medical, fiber-optic, automotive, specialty bearing, and other commercial industries. With an experienced team of more than 300 employees at domestic and international locations, the company is expert in machining a diversity of materials; from nickel-based aircraft alloys and titanium to stainless steels and aluminum.

The Offshore Group (offshoregroup.com) is the largest provider of outsourced manufacturing support, or "shelter" services in Mexico. Currently 53 manufacturers are in production are at The Offshore Groups three industrial parks in Sonora and the city of Saltillo, Coahuila. Through its subsidiary firms, Vangtel and International Logistics Solutions, The Offshore Group also offers Mexico support services to companies occupying the call center, IT development and BPO markets, as well as third-party logistics services to companies shipping domestically and abroad.

 
 
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Written by / Agency / Source: The Offshore Group

 
 

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G.S. Precision to Expand Under Offshore Group Mexico Shelter Plan

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Publisher Contact: Steven A. Colantuoni - OffshoreGroup.com 
520-889-0022 stevec[.]offshoregroup.com
 
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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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