The state-of-the-art fibre optic cable facility in Durango is expected to make the Mexican plant Prysmian’s second largest manufacturing facility worldwide. Initial investment in machinery and buildings is approximately US$ 10.5 m. On completion, the plant will be capable of producing two millions kilometres of fibre a year. “The new plant will allow us to double the production of telecommunications products that are in high demand in Mexico and Central America”, said Hakan Ozmen, CEO Prysmian North America. “This milestone brings Prysmian NA to a new level of competitiveness and production capacity.”

 

The upgraded facility is crucial to addressing the growing need for broadband and telecommunications solutions in Mexico and Central America, which is growing by 20 percent each year, explains Juan Alberto Olivares, Prysmian Group’s Technical Market Director for Mexico, Central America, and the Caribbean. “Within two years, 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 percent.”  “We have all the raw materials needed for this facility here in Mexico. 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 of prospects and existing customers.”

 

The Mexican telecom market is experiencing continuous growth as a result of deregulation, increased demand for broadband services and Government policy to connect houses. The Central American market is also growing very fast driven by the needs of better broadband networks. “Mexico and Central America offer considerable scope for development in all telecom sectors in the near future, with broadband internet subscribers constantly growing in the next years”, states Toni Bosch, VP Telecom Solutions, Prysmian Group. Investments in this area are key to helping preparing Prysmian to accommodate the consequent increase in demand and support customers in the region.

 

 

Great Place to Work

 

Prysmian Group’s Mexican affiliate also recently earned ‘Great Place to Work’ certification. The institute that gives out these annual awards emphasised the fact that Prysmian has worked on employee technical and managerial training. The transparency and quality of organizational communications, support to the personal and professional lives of workers and healthy relationships among colleagues were also mentioned.

 

Juan Olivares: “We have both global and local training development programs and cares about the environment and customer satisfaction. In addition, we have several social responsibility actions in place. All these initiatives have been evaluated positively, allowing us to obtain this important certification. This award is an acknowledgment of how well we have done until now, and a stimulus for all of us to continue on this path.”