All Press Releases for May 28, 2008

TPI Corporation to Establish Mexican Operations

Tennessee-based manufacturer to initiate operations in Saltillo, Mexico.

    /24-7PressRelease/ - TUCSON, AZ, May 28, 2008 - Johnson City, Tennessee -based TPI Corporation will shortly begin to manufacture thermostats and snap discs in Saltillo, Mexico.

The company has signed an agreement with The Offshore Group for the rental of 34,822 square feet of industrial space, as well as for outsourced manufacturing support, or "shelter," services at the La Angostura Industrial Park. TPI plans to employ 60 workers, and will add additional workers as the company's market share grows.

According to TPI's owner, Bobby Henry, " Our Mexico operation will enable us to be more competitive in our domestic and international markets".

"Given the fact that the cost of production of our Asian suppliers has risen significantly, we identified Mexico as being the right solution for our company. We investigated and interviewed several firms to assist us in making this transition. Our company management selected the Offshore Group, and has found the organization to be knowledgeable, organized, and results-oriented. They have addressed all of the issues that need to be considered in our start-up process and have basically left us to focus on the manufacturing aspects of our business."

In addtion to the initial production of thermostats, the company also plans to produce lighting products and capillaries for heating and cooling applications. They will be reviewing product currently manufactured in China and consider moving that production to Mexico.

The Offshore Group has enabled companies to establish and maintain manufacturing facilities in Mexico at low cost and risk since 1986.

# # #

Contact Information

Steven Colantuoni
The Offshore Group
Tucson, Arizona
Voice: 520-889-0022
E-Mail: Email Us Here
Website: Visit Our Website