MONTERREY, Mexico, Aug. 4 /CNW/ -- The Mexican company Katcon Global
closed as scheduled, on July 31st, the last stage of the acquisition of
Delphi's catalytic converter and exhaust system global business. This last
phase consists in the acquisition of the manufacturing facilities located in
Shanghai, China and Gurgaon, India.
These two plants join other Katcon facilities located in Mexico (2),
Venezuela, and those recently acquired in Poland, South Africa, and Australia.
In addition to these eight manufacturing facilities, Katcon Global
recently acquired two sales, technology research and development centers
located in Michigan and Luxembourg. These tech centers have a group of highly
qualified engineers and design, test, and validation equipment with
Katcon becomes a global company with manufacturing and research
operations in eight countries in the five continents. Apart from the
countries where the company operates, its products reach Canada, Colombia,
Ecuador, Belgium, France, Germany, Turkey, Russia, Spain, and Thailand. Katcon
Global supplies more than 60 client facilities of the most important vehicle
manufacturers with applications ranging from ultra-compact cars to medium and
heavy duty, gasoline and diesel and all different types of emission levels.
Katcon Global will have a lean, decentralized, and interactive business
model, globally linked with the most advanced telecommunications systems,
creating collaborative teams, eliminating the necessity of corporate offices
and using open platforms located in the Web and accessible to executives
worldwide. Such collaborative teams are now integrated through a
videoconference system that will allow continuous and low-cost communication
to achieve a fast post-acquisition integration.
Through this advanced structure and tools, Katcon Global will compete in
the tough global automotive market, based in agility, flexibility, low fixed
costs, and high manufacturing efficiency, rapidly developing new low-cost
ideas in its engineering centers, with a open research policy.
This business model will provide a competitive advantage compared to a
heavy and expensive structure that predominates in the industry, which can be
considered one of the main causes of the recent industry turmoil.
With good financial health, Katcon Global is open to new business
opportunities that present in the future to extend the reach of our business
model. We are certain that our clients, suppliers, and employees will receive
these news positively and that we will maintain their support and commitment
in the future.
For further information:
For further information: Katcon Global: Jose De Nigris, +1-248-499-1511,
email@example.com, Carlos E. Turner, firstname.lastname@example.org, or
Fernando J. Turner, email@example.com