Continental AG broadcasts $90M manufacturing facility in Mexico
German tire and industrial parts manufacturing giant Continental AG announced it’s investing $90 million in a hydraulic hose factory in Mexico.
The ability will initially create 200 jobs and be situated within the west-central Mexican city of Aguascalientes.
It should be the corporate’s largest plant within the country once accomplished, in response to a news release. Construction of the 914,932-square-foot factory is scheduled to be finished by the top of 2025.
“Strengthening our industry business within the Americas region is a spotlight for us,” Philip Nelles, a member of Continental’s board for its ContiTech operating sector, said in a press release. “This investment is our answer to the demand and growth of the hydraulic hose market within the region and underlines our strategic approach to develop into the innovation leader and full range supplier for hydraulic hoses.”
Continental officials also said the factory will help the corporate expand its hydraulics business into industries equivalent to agriculture, mining, construction, manufacturing and energy.
“The hydraulic market is the most important hose and fittings market segment in our region,” Andreas Gerstenberger, Continental’s head of commercial solutions Americas, said in a press release. “With our latest plant in Mexico, we are going to double our capability on this field and address current and latest customers in multiple industries.”
The ability can be Continental’s second in Aguascalientes and twenty second plant in Mexico. Continental’s operations within the country employ greater than 23,000 individuals who produce and develop automotive components, rubber products and tires which might be exported globally.
In 2022, Continental invested around $200 million within the Mexican state of Guanajuato to open a tire factory and expand capability at an existing plant, in response to Reuters.
3PL Outerspace opens achievement operations in Arizona
Third-party logistics operator Outerspace announced it has opened a warehouse in Phoenix, the corporate’s first facility within the southwestern U.S.
The 389,000-square-foot facility helps Outerspace establish bicoastal achievement opportunities for the corporate’s e-commerce clients, in response to a news release.
“Over the past yr, we’ve been laser-focused on growing our footprint to raised serve our clients’ needs,” Ricky Choi, CEO and co-founder, said in a press release. “From starting Outerspace in a 1,500 square foot room, to now offering our clients greater than 1,000,000 square feet of warehouse space, this expansion is a significant milestone.”
Carlstadt, Latest Jersey-based Outerspace was founded in 2019. The corporate offers achievement solutions across the U.S. with 4 facilities in Latest Jersey, Pennsylvania and Arizona.
South Texas border logistics park broadcasts expansion
Officials for Capote International Business Park in Pharr, Texas, recently broke ground on a 160,000-square-foot constructing.
The brand new facility can be near the Pharr-Reynosa International Bridge and include 36-inch clearance heights for tractor-trailers, in addition to dock doors, a truck court for trailer storage and a secured truck parking area. The constructing is scheduled to be accomplished in June.
“Warehouse space is sorely needed within the Pharr-McAllen market and we hope to find a way to fill a few of that need,” Nick Dyer, principal at Ocotillo Capital Partners, the park’s developer, said in a press release. “We recognize that cross-border trade is a significant a part of the expansion story of the Rio Grande Valley and we feel privileged to find a way to contribute to that growth.”
CBP seizes tramadol at Laredo’s World Trade Bridge
U.S. Customs and Border Protection (CBP) officers recently found 159 kilos of tramadol in a tractor-trailer arriving from Mexico in Laredo, Texas.
On Jan. 18 on the World Trade Bridge cargo area, CBP officers were searching the trailer, in response to a news release, once they found six boxes containing tramadol, an opioid analgesic medication often prescribed for pain relief.
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“This drug bust is a main example of the efficient targeting strategies utilized within the cargo environment to assist disrupt the illicit smuggling of this highly addictive opioid into our communities,” Laredo CBP Port Director Alberto Flores said in a press release.
CBP seized the tramadol and turned the case over to Homeland Security Investigations.
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