Hilti Opens Facility in Mexico
Hilti is expanding its production network with a new facility in Matamoros, Mexico, that manufacturers fastening products for the North and Latin American markets. During a grand opening event at the site, Hilti and local community officials toured the plant scheduled to begin production in November. The facility allows Hilti to ship products directly to locations throughout North and Latin America. In addition to putting Hilti products closer to the customer, this saves freight costs as well as reduces delivery times and the environmental impacts of transportation. The facility will encompass 15,000 square meters of production space and cost $14 million Swiss francs to build. It initially will employ 50 people, but this figure is expected to grow to 150 by 2015. Hilti’s international production network now includes nine plants worldwide. Scott Tindle has been named plant manager. The full dimensions of the location total some 65,000 square meters.