All Press Releases for June 02, 2016

Tecma Group of Companies Acquires Border Assembly, Inc.

El Paso-based firm expanding its Manufacturing in Mexico reach.



"The purchase of BAI is a natural next step in Tecma's pursuit of bolstering its border presence, strength, and ability to serve a larger client base," commented Tecma president and CEO, Alan Russell

    EL PASO, TX, June 02, 2016 /24-7PressRelease/ -- The Tecma Group of companies continues to proactively expand its presence in the highly industrialized and dynamic Mexican border city of Tijuana through the acquisition of a second provider of Mexican manufacturing support, or shelter, services. The purchase of Border Assembly, Inc. (BAI) is the second such move made by the El Paso, Texas-based firm within a six month time period. The decision to expand Tecma's presence in Tijuana is derived from corporate leadership's belief in the present and ongoing promise of the diverse and expanding Tijuana economy.

In fact, the growth in Tijuana's manufacturing sector is being driven primarily by the expansions of the medical device, electronics and aerospace sectors; and Border Assembly serves important clients in these, as well as a variety of other industries.

With the acquisition of Border Assembly, Inc., the Tecma Group of Companies is now comprised of a total of seventy companies located throughout its manufacturing venues in Ciudad Juarez and Tijuana, as well as in the industrial city of Torreon in the state of Coahuila. These are supported by cross dock and warehouse operations in El Paso and San Diego.

Tecma's services to manufacturers in Mexico enable them to focus on their core value-added and strategically significant manufacturing operation functions, while Tecma handles tasks such as:

-Accounting
-Customs
-Taxation Issues
-Environmental and Regulatory Compliance
-Facilities Management
-Import Export
-Mexico Industrial Catering Services (at select locations)
-Logistics & Transportation
-Mexico Human Resources
-Startup

"The purchase of BAI is a natural next step in Tecma's pursuit of bolstering its border presence, strength, and ability to serve a larger and more diverse client base," commented Tecma president and CEO, Alan Russell, citing his complete confidence in Mexico and its economic future as the primary drivers for the organization's decision to acquire Border Assembly, Inc. "The company's successful track record over the last thirty-five years combined with its sector-leading strong growth in the past few years are a testament to its solidity, which makes it a perfect fit with Tecma."

ABOUT BORDER ASSEMBLY
Border Assembly, Inc. (BAI) is a San Diego, California-based company that has helped more than 70 American and international manufacturing firms start up and operate successful maquiladoras in Tijuana, Mexico. The industries it serves include electronics, communications, medical devices, textiles, aerospace components, apparel, furniture, sporting goods, toys, automotive components, and art, among others. Given the flexibility of its service offerings, its Tijuana clients range from manufacturing operations with 20 employees to production facilities with more than 500 workers.

ABOUT THE TECMA GROUP OF COMPANIES
The Tecma Group of Companies, Inc., headquartered in El Paso, Texas, provides services that have enabled firms of varying sizes from a wide range of industries to establish and maintain Mexican manufacturing operations at low cost and reduced risk for over three decades. Under its Mexico Shelter Manufacturing Partnership (MSMP), companies control and focus on their core, value-added functions, while Tecma tends to their human resource, payroll, accounting, logistics, and other non-manufacturing but essential, tasks.

The reader can receive informative Mexico manufacturing content by smartphone by SMS texting the word "Tecma" to 96000, or by downloading the Tecma Group mobile app from Google Play store or iTunes. In addition to its existing Mexico locations, Tecma is now offering its services for manufacturers in Tijuana and in the State of Baja, California. Additional information is available at http://tecma.com.

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Manuel Ochoa
TECMA GROUP LP
El Paso, Texas
United States
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