Mexican Company Goes Global
By Prne, Gaea News NetworkMonday, August 3, 2009
MONTERREY, Mexico -
The Mexican company Katcon Global closed as scheduled, on July 31st, the last stage of the acquisition of Delphi’s catalytic converter and exhaust system global business. This last phase consists in the acquisition of the manufacturing facilities located in Shanghai, China and Gurgaon, India.
These two plants join other Katcon facilities located in Mexico (2), Venezuela, and those recently acquired in Poland, South Africa, and Australia.
In addition to these eight manufacturing facilities, Katcon Global recently acquired two sales, technology research and development centers located in Michigan and Luxembourg. These tech centers have a group of highly qualified engineers and design, test, and validation equipment with top-of-the-line technology.
Katcon becomes a global company with manufacturing and research operations in eight countries in the five continents. Apart from the countries where the company operates, its products reach Canada, Colombia, Ecuador, Belgium, France, Germany, Turkey, Russia, Spain, and Thailand. Katcon Global supplies more than 60 client facilities of the most important vehicle manufacturers with applications ranging from ultra-compact cars to medium and heavy duty, gasoline and diesel and all different types of emission levels.
Katcon Global will have a lean, decentralized, and interactive business model, globally linked with the most advanced telecommunications systems, creating collaborative teams, eliminating the necessity of corporate offices and using open platforms located in the Web and accessible to executives worldwide. Such collaborative teams are now integrated through a videoconference system that will allow continuous and low-cost communication to achieve a fast post-acquisition integration.
Through this advanced structure and tools, Katcon Global will compete in the tough global automotive market, based in agility, flexibility, low fixed costs, and high manufacturing efficiency, rapidly developing new low-cost ideas in its engineering centers, with a open research policy.
This business model will provide a competitive advantage compared to a heavy and expensive structure that predominates in the industry, which can be considered one of the main causes of the recent industry turmoil.
With good financial health, Katcon Global is open to new business opportunities that present in the future to extend the reach of our business model. We are certain that our clients, suppliers, and employees will receive these news positively and that we will maintain their support and commitment in the future.
Source: Katcon Global
Katcon Global: Jose De Nigris, +1-248-499-1511, jose.denigris at katcon.com, Carlos E. Turner, carlos.turner at katcon.com, or Fernando J. Turner, fernando at katcon.com
Tags: australia, India, Katcon Global, mexico, Monterrey, Poland, Russia, Western Europe