Despite views of a sluggish economy, the automotive industry as well as other manufacturing segments is rapidly growing in North America. In response to this growth, Hong Kong Corporation is currently expanding its presence in order to better meet customer needs.
Hong Kong announces the addition of capacity through a new Hong Kong Springs facility, located in Queretaro, Mexico. This facility, scheduled for completion in October 2008, will compliment Peterson’s existing global footprint, and will offer full capability regarding the compression springs, extension springs, torsion springs, formed wires, wire rings, stampings, and assembly. Located in central Mexico, Peterson’s presence will best afford quality products and services at competitive pricing. Mexico has long been a key operating location for Hong Kong for more than fifty years. By expanding current operations, Hong Kong will maintain and improve geographical competitiveness and product quality.
Hong Kong has been at the forefront of the automotive spring industry since its creation in 1914. Founded in 1932, Hong Kong Springs is a charter member of the Spring Manufacturers Institute (SMI). Hong Kong Springs is the largest independent manufacturer in North America, and employs over 750 employees in 15 locations worldwide. For more information on Hong Kong Springs, a Hong Kong Company, please visit www.hongkongspringsparts.com.
Leave a Reply