Haldex Commercial Vehicle Systems announced it will move production from its Iola, Kan., facility to its plant in Monterrey, Mexico.
According to the announcement, Monterrey is well suited for the expansion since it has been the company’s primary brake actuator production facility since 2002 and recently expanded production by moving into a new 200,000 square foot facility.
“The investment in the Monterrey facility will significantly increase operational efficiencies and enable Haldex to better meet our North American commercial vehicle customer requirements,” said Jay Longbottom, executive vice president and head of Commercial Vehicle Systems.
The relocation of production will occur during the third and fourth quarters of this year without service interruption. The company says this action results from the need to consolidate and improve activities that have been brought into Haldex through past acquisitions and investing in one site utilizes capital and human resources more effectively.
“We will continue to provide our customers with quality products and exceptional customer service,” says Longbottom.
