ITT Italian company to be settled in GPI
July 2, 2018
ITT Motion Technologies
opened its plant at Guanajuato Inland Port with an investment of 60 million
dollars and will generate 300 new jobs, in the municipality of Silao,
Guanajuato. Regarding this, Cesare
Savini, general director of plant ITT Motion Technologies Silao, said that the
idea of creating this plant to serve North America was seemed practical given
that most of their customers are located in this area and the best decision was
to take Guanajuato as a strategic point.
“In April 2017 the project
was to deliver balatas to our customers, we started the construction of this
plant in Guanajuato on April 2016, in January 2017 the production started in
order to finally achieve the objective of commercializing our first balata for
our customers.”
Denisse Ramos, CEO and
president of ITT, said that the movement technology business used by the
company is focused in original manufacturers, local and global; therefore it
continues to be the strongest of ITT.
“We thought how we could
develop success and what we did was to continue our approach based on time,
analyze where the customer is going so we can innovate and grow together with
them, this allowed us discovering the automotive HUB installed in Guanajuato
and the capability we would have by being closer of our customers,” she said.
She explained that they
chose Silao, because of its high representability as regional center for
automotive manufacture, in addition of offering more proximity to the main
OEM’s and a high level of local competences, including reliable partners for
the development and construction of the factory.
ITT is a leading
diversified manufacturer of critical components of high engineering and
customized technology solutions for growing global sectors in the energy,
transportation and industrial markets.
It develops produces and
sales brake pads and friction materials for private and public transportation
markets and the main industrials of automobile manufacture worldwide; they leading
suppliers in service technological innovations and is recognized in the market
for their quality, experience and reliability.
This plant will have a production capability of 5 million pieces a
year.
In 2017 there was a profit
of 2.6 billion dollars, by positioning as the fifth plant worldwide in balatas
production.
This company has global
presence in Barge, Italy, on the main venues of technology production for cars;
in the Czech Republic and in Wuxi, China. Their potential
customers are General Motors, Volkswagen and Ford.
The Firm, headquarter in
White Plains, New York, with employees in more than 35 countries and sales in
125 nations, and is confident in that they will be selling two thousand four
hundred million dollars in technologies this year again.
