Hardware Podcasts

VEXOS Launches Mexico Facility As Part of Global Growth Strategy - CEO Paul Jona Joins EMS@C-Level

EMS@C-LEVEL · 8 Feb 2024 · 22m

What this episode covers

Paul Jona, President and CEO of VEXOS, announces the opening of a new 40,000 square foot factory in Juarez, Mexico, to support their global growth strategy and serve North American and European customers closer to home. The facility, scheduled to start production in late April, will initially run two Panasonic SMT lines and replicate the high-quality standards of their Markham, Canada, site through extensive training and shared software systems. Jona explains that this greenfield investment addresses geopolitical shifts and supply chain resilience, allowing VEXOS to offer regional production that reduces logistics fragility and improves sustainability. The company is also managing a post-pandemic inventory correction while onboarding 75 new customers across its expanded footprint of six facilities.

Most relevant to

companies scaling up

Topics

Mentioned

Companies
VEXOS, QoROS, Koh Young, Global Electronics Association
Also
Panasonic

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