"Now was the time to move some of our production from China to Mexico." - Dave Smith, CFO, Koss Corporation
EL PASO, TX, February 20, 2014 /24-7PressRelease/
-- Milwaukee-based Koss Corporation, a designer and manufacturer of stereo headphones and accessories for global consumers, has completed the movement of some of its manufacturing from China-based vendors to its own manufacturing operations in Mexico.
The company recently began operations in Ciudad Juarez to assemble Koss' products. The Koss Corporation established its new Mexico operations through the El Paso-based, Tecma Group of Companies, and has signed a five year contract for what are commonly referred to as "shelter services" in Mexico
According to Dave Smith, Koss' CFO, "Now was the right time to move some of our production from China to Mexico. Mexico's favorable wage structure, available labor force and proximity to the U.S. market are all strategic advantages for our company. The Koss Corporation is looking forward to partnering with the Tecma Group in Ciudad Juarez to the mutual benefit of both of our organizations."
About the Koss Corporation
The Koss Corporation
was founded by John Koss, who invented the first stereo headphones in 1958. The company has been pioneering hi-fi technology for three generations. In addition to hi-fidelity headphones the company designs, manufactures and sells computer headsets, telecommunications headsets, active noise canceling stereo headphones, wireless stereo headphones, and compact disc recordings of American Symphony Orchestras under the Koss Classics label to retailers and distributors.About the Tecma Group of Companies
The Tecma Group of Companies, Inc., headquartered in El Paso, Texas provides services that have enabled firms from a wide range of industries to establish and maintain production facilities in Ciudad Juarez, Mexico and beyond, for almost three decades. Under its Mexico Shelter Manufacturing Partnership (MSMP) companies control and focus on their core manufacturing functions, while Tecma tends to their human resource, payroll, accounting, logistics, and other needs that, although important, are not part of the manufacturing process. Sign up to receive Tecma's informational content
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