VTech Completes Acquisition of Mexican Manufacturing Facility from QSC, LLC

Hong Kong – VTech Holdings Limited (HKSE: 303) announced today that it has completed the acquisition of a production facility in Tecate, Mexico from QSC, LLC for manufacturing wood enclosure loudspeakers.

The acquisition was announced on 20 January 2021. In addition to manufacturing wood enclosure loudspeakers, it strengthens VTech Contract Manufacturing Services' leading position as a manufacturer of professional audio equipment. Furthermore, the acquisition of a manufacturing site outside Asia expands VTech's global footprint strategically and better serves the needs of its customers.

The transaction was completed on 1 April 2021 and was funded through internal resources.

Discover why Mexico is one of the key production sites for the automotive industry mexico and supply sector worldwide.

Source: www.vtech.com
If you would like to find out more about this topic or are interested in receiving a complimentary business case analysis for your operation in Mexico, please fill out this form or contact us at:

US toll-free: +1 (877) 698 3905

CAN toll-free: +1 (844) 422 4922

start@americanindustriesgroup.com
Please note that we do not accept job applications here. If you are interested in applying for a position, please visit the following link: https://www.americanindustriesgroup.com/jobs/




Related posts

November 28, 2022
Global Manufacturing Tumbles but Mexico Remains Strong
Global Manufacturing Tumbles but Mexico Remains Strong
Global manufacturing activities have not recovered from the impact of the COVID-19 pandemic and following disruptions, contracting for the third consecutive month in September 2022. The […]
November 24, 2022
Nidec Control Techniques expands Into Mexico
Nidec Control Techniques expands Into Mexico
Control Techniques and Nidec entered the next phase of its expansion plans for global manufacturing. On Wednesday 12th October a brand-new manufacturing facility was opened in […]
November 23, 2022
Mexico increases vehicle production and exports
Mexico increases vehicle production and exports
Carmakers based in Mexico increased production and exports in October this year as supply chain constraints eased, according to the Mexican Automotive Industry Association (Amia). Mexico […]
October 20, 2022
Chinese investment in manufacturing on the rise in Mexico
Chinese investment in manufacturing on the rise in Mexico
Chinese investment in Mexico continues to grow as more and more companies from the world’s most populous nation seek to take advantage of the country’s proximity […]
October 20, 2022
BRP will produce the first electric motorcycles in Mexico
BRP will produce the first electric motorcycles in Mexico
BRP laid the first stone of its new plant for the production of latest-generation electric Can-AM motorcycles and electric batteries, with an investment of more than […]
September 30, 2022
J.P. Morgan ups Mexican economic growth forecast on manufacturing boost
J.P. Morgan ups Mexican economic growth forecast on manufacturing boost
MEXICO CITY, Sept 27 (Reuters) – J.P. Morgan analysts raised their economic growth forecast for Mexico’s third quarter gross domestic product (GDP), as well as for […]