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Enhancing capacity in Mexico to boost connectivity in the region

Prysmian to boost capacity at its telecoms Durango plant in Mexico, where the Group recently earned the Great Place to Work certification.

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This new plant in Durango will allow us to double the production of telecommunications products that are in high demand in Mexico and Central America”, said Hakan Ozmen, CEO of Prysmian North America.

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JUNE 2017

Prysmian is moving fast in Mexico, as it achieved two notable attainments almost simultaneously. The first in mid-May, when the Group earned the Great Place to Work certification for its affiliate in the Country. The second, announced just a few days ago, concerns a $15 million investment to enhance the company’s manufacturing capacity in the area, with a new fiber optic cables facility in Durango, which will make the Mexican plant Prysmian's second largest manufacturing facility worldwide.

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The two things are not at all unrelated, and both testify to the Group’s strong commitment to the area, as it strengthens its presence in Mexico to best support the rapid growth of the region.

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With a manufacturing capability of 1mn kilometers of fiber per year, expected to grow to 2mn km in the second stage, the new upgraded facility will indeed be a crucial asset to help address the growing need for broadband and telecommunications solutions in Mexico and Central America, which is currently growing at a 20 percent rate each year.

Beside the capacity, the importance of the plant is also based on the advantages it provides to the customers, as explained by Juan Alberto Olivares, Prysmian Group's Technical Market Director for Mexico, Central America, and the Caribbean: “We have all the raw materials needed for this facility here in Mexico. It means that we can produce cables locally, supplying optic cable faster than ever before; and we will be able to quickly react to the needs of the market and those of prospect and existing customers.”

Being able to timely deliver products and solutions to customers is a crucial asset, especially in this market, where large companies are investing in expanding their broadband infrastructures. “Within two years from now, which is the time it will take for the plant to reach full capacity, we expect to nearly double our regional market share in Mexico and Central America — which are a single market for the Group — and reach a share of 11%.”

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“We are a company that cares about the environment and customer satisfaction.  
In addition, we have several social responsibility actions in place”

 

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To Prysmian it is clear that achievements are directly connected to a growing perception of the company as a good and well-reputed employer. And it is no coincidence that the Group has recently earned the Great Place to Work certification for its affiliate in Mexico. The institute that annually awards the best working places stressed how Prysmian has worked on the affiliate’s employee technical and managerial training, and also underlined the transparency and quality of the organizational communications, the support to the personal and professional lives of the workers, as well as the healthy relationships among colleagues.

“We have both global and local training development programs, we are a company that cares about the environment and customer satisfaction. In addition, we have several social responsibility actions in place. All these initiatives, which represent our way of being part of Prysmian Group, have been evaluated positively and have allowed us to obtain this important certification,” pointed out Juan Olivares, who added: “This award represents an acknowledgment of how well we have done until now, and at the same time it is a stimulus for all of us to continue on this path.”

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