Schneider Electric to invest in the border region
MEXICO – Schneider Electric has announced that it will build and equip three new manufacturing plants in North America, hiring more than 1,000 new employees to increase production and accelerate the delivery of electrical products to customers in Canada, Mexico and the United States.
The company is currently evaluating locations in Santa Teresa, New Mexico and El Paso, Texas as a manufacturing hub in the United States. Schneider Electric’s land in Tlaxcala, Mexico, will be used to build a new plant to expand its presence in that city.
On the other hand, the company is also evaluating existing buildings in Mexico City for renovation; it also plans to begin construction and refurbishment before the end of 2021, with ambitions to increase its workforce to manufacture circuit breakers, distribution boards, panels and medium-voltage switchgear for use in data centers, infrastructure and homes by the end of 2022.
“Our future demands a more resilient and sustainable supply chain and that is exactly what we are looking to deliver with this latest investment (…) We are increasing capacity to minimize the risk of disruption when unforeseen challenges occur and reduce lead time for customers,” said Annette Clayton, CEO and President of Schneider Electric North America.
Schneider Electric is also looking to shorten its regional supply chain, so it has approved more than 100 alternative suppliers and secured strategic purchases of industrially constrained raw materials to support increased demand and improve continuity of supply.
Schneider Electric’s supply chain investments of more than US$100 million in 2021 and 2020 will enable the company to build and equip new plants to increase manufacturing capacity.
Source: MEXICO-NOW Staff