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The Offshore Group and Neapco Components Extend Mexico Services Agreement - Leading global manufacturer of driveline systems for OEM and aftermarket applications expands Mexico operations - OffshoreGroup.com
The Offshore Group and Neapco Components Extend Mexico Services Agreement

 

PRZOOM - /newswire/ - Tucson, AZ, United States, 2011/04/19 - Leading global manufacturer of driveline systems for OEM and aftermarket applications expands Mexico operations - OffshoreGroup.com.

   
 
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Neapco Components, a subsidiary of Michigan based Neapco Holdings, LLS has signed a 3 year contract extension for the provision of outsourced manufacturing support or,“shelter,” services with The Offshore Group. The agreement will run through October of 2016.

Neapco currently occupies 34,822 square feet of industrial space at The Offshore Group’s La Angostura Industrial Park in Saltillo, Coahuila, Mexico. The company will expand its manufacturing in Mexico footprint by an additional 34,822 square feet over the period of the contract extension.

According to Keith Sanford, President of Neapco Components “With the consolidation of our manufacturing facilities in the U.S and the growth of our business, Neapco is expanding our operations in Mexico. Our focus has been on strategic options and operational improvements that further enhance the high quality and world-class value of our products.”

Neapco is a leading global manufacturer of automotive driveshafts, propeller shafts, differentials, suspension springs, aluminum die castings, and driveline and steering components for original equipment, performance and aftermarket companies. With more than 2,000 employees, it has offices and production facilities in Michigan, Nebraska and Pennsylvania, as well as Mexico, Germany and Poland.

The Offshore Group (offshoregroup.com) is the largest provider of outsourced manufacturing support, or "shelter" services in Mexico. Currently 56 manufacturers are in production at The Offshore Group's three industrial parks in Sonora and the city of Saltillo, Coahuila. Through its Vangtel subsidiary The Offshore Group also offers services to companies occupying the call center, IT development and BPO markets, while the International Logistic Solutions Company (ILS) is a leading provider of supply chain services. The Offshore Group is currently initiating operations in Mexico's second largest city: Guadalajara, Jalisco.

 
 
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Agency / Source: The Offshore Group

 
 

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The Offshore Group and Neapco Components Extend Mexico Services Agreement

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Contact: Steven A. Colantuoni - OffshoreGroup.com 
520-889-0022 stevec[.]offshoregroup.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
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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