With a 20 million dollars investment Foseco opens plant in Ramos Arizpe

With an investment of 20 million dollars, the British brand Foseco, company dedicated to the foundry sector, that belongs to Grupo Vesuvius, announced their arrival in Coahuila, after making official the settling of their plant in Ramos Arizpe.

Foseco will supply consumable products, refractory paints, insulators and fluxes materials for the foundry industry in the Ramos Arizpe plant during their first stage, which in turn supplies to a great variety of segments, such as the automotive industry, mining, railroad, construction, agriculture, aerospace, home appliances, among others.

The industrial building located at 360 Industrial Park, will have an extension of 10,000 square meters and will begin operations in mid-October, generating about 200 direct jobs gradually.

Among the main customers Foseco plant will have in Coahuila and the rest of the country, are international companies like Brembo, Caterpillar, Mahle, Teksid, Tupy, Technocast, Nemak, ASF-K, among others.

During the project presentation were present Patrick Andre, CEO of Vesuvius; Glen Cowie, president of Foseco; as well as Gary Wilson, vice-president of Foseco for North America, who were in charge of making the investment announcement together with Miguel Angel Riquelme, governor of Coahuila; Jaime Guerra Perez, secretary of Economy in the State; and Jose Maria Morales, mayor of Ramos Arizpe.

Company CEO explained that the one in Ramos Arizpe will be the second Foseco plant in Mexico, joining the one in San Rafael, in Monterrey, Nuevo Leon, and he explained that this investment shows the great commitment Vesuvius has with the Mexican economy.

“We are confident in that we will reach our objectives thanks to our technical capabilities and knowledge of the market, but mainly, thanks to our employees,” said Patrick Andre during his speech.

He said that after an extensive study with internal and external experts, the competitive advantages that convinced Vesuvius to settle Foseco plant in the Southeast Region of Coahuila were factors such as strategic location, which provides them proximity to their main customers, as well as highly qualified workforce availability.

“Vesuvius, through their brand Foseco, is a leader in supply for foundry industry, and this year we are celebrating our 60 anniversary in Mexico. Our mission is to continue growing above market expectations and Mexico is and will continue to be fundamental in our progress,” said the CEO of Vesuvius.

Meanwhile, the vice-president of Vesuvius for Mexico, the United States, and Canada recognized the work of 360 Industrial Park, developers of the industrial building, which he described as a quick and efficient project.

“For 10 years we had the idea of establishing a plant in the northern part of the country. When Patrick was appointed CEO, this was one of the projects we saw,” said Gary Wilson.

Miguel Angel Riquelme, state official, wished Foseco's success and told Vesuvius directives to be certain that in Coahuila development and productivity will be preserved.

“We like to welcome you to Coahuila, you are arriving in a competitive state, with great factors and indicators that contribute to the country, to Mexico’s northeast region, and we are also leaders in many things,” he noted.

The governor also said that the new investment represents not only job generation, but the impulse to a suppliers’ chain that keeps dynamism in state economy.

He underlined the balance with which work is done in the entity, labor stability it has, as well as the qualified workforce that exists, produces and gives positive results.

“The great supply chain existing throughout Coahuila is at their service and disposition, the best brands, a great quality in our products, is what today places the entity in the eyes of the world,” he explains.

While Jorge Del Bosque, partner and directive of 360 Industrial Park, said that Foseco is the fourth company settled in the park, which has three years operating in the Southeast Region of Coahuila.

“We anticipate the beginning of a successful stage for Foseco, we are expecting that within two more years it grows and expands its operations,” he noted.

Regarding the industrial park, explained that they have a privileged location, as well as the infrastructure, which has to consolidate 360 Industrial Park.

BRITISH QUALITY BY EXCELLENCE

Foseco is the foundry division of Grupo Vesuvius, which established in Birmingham, United Kingdom and is considered world leader in consumable products supply, services, and solutions for the metalworking industry. Founded in 1932 by Eric Weiss and Kossy Strauss, who created Foundry Services Ltd, company that years later will become Foseco.

Its mission is to provide products and services that actually will support the foundry industry. They began with six fluxes products that they iteratively improved as they learned more about their customers.

During the second half of the XX century and at the beginning of 2000, Foseco was a pioneer of new technology generations that will transform their sector.  During the entire time, the American company Vesuvius grew exponentially as they establish offices and factories abroad, by acquiring Foseco in 2008, among other companies that expanded their offer and presence around the world.

Foseco products reduce work and intensive machining in the workforce, minimizing the requirements for metal use, they affect the process of metal solidification and automatize molding and foundry, reducing thus the cost, energy use, and mold size.

Today, with 17 research centers around the world and an annual investment of 33.2 million pounds in research and development, Vesuvius continue leading innovation in the foundry industry.