Brand-new facility of 46,000 m2 in Juárez
Estimated investment of CA$55 million
Approximately 900 permanent jobs created as a result of this investment
VALCOURT, QC, May 6, 2014 /CNW Telbec/ - BRP Inc. (TSX: DOO) today
announced its decision to reinforce its presence in Mexico by investing
in a new facility in Juárez, Mexico, to expand its Can-Am product
offering and meet future demand in off-road segments.
The 46,000-m2 (500,000-ft2) facility will be located in Juárez. It represents an investment of an
estimated 654 million Mexican pesos (CA$55 million) and could result in
the creation of approximately 900 permanent jobs upon completion. The
company's previously issued guidance for fiscal year 2015 capital
expenditure remains unchanged from CA$165M to CA$175M.
"The off-road industry is strong and growing fast and our Can-Am
all-terrain and side-by-side vehicles continue to make inroads in the
market place. We are investing in a new facility to meet future demand
and in expectation of entering new ORV segments," said José Boisjoli,
BRP's president and chief executive officer. "This investment will also
provide us with space for the potential insourcing of certain
operations, and will bring logistics closer to our manufacturing
The construction will start in the upcoming months and the manufacturing
operations are expected to begin by the end of 2015. This project is
expected to be completed by the end of 2017.
"The location was a logical choice for BRP as we already have a facility
in Juárez where operations are going very well. Both plants will be
geographically close to each other," said Sylvain Blanchette,
vice-president, Operations in Mexico. "The culture and values of BRP
are well established among our employees and we have a strong talent
pool in Juárez."
This will represent BRP's third manufacturing facility in Mexico where
BRP has had an established presence since 2001.
BRP (TSX: DOO) is a global leader in the design, development,
manufacturing, distribution and marketing of powersports vehicles and
propulsion systems. Its portfolio includes Ski-Doo and Lynx
snowmobiles, Sea-Doo watercraft, Can-Am all-terrain and side-by-side
vehicles, Can-Am Spyder roadsters, Evinrude and Rotax marine propulsion
systems as well as Rotax engines for karts, motorcycles and
recreational aircraft. BRP supports its line of products with a
dedicated parts, accessories and clothing business. With annual sales
of over CA$3 billion from 105 countries, the Company employs
approximately 7,100 people worldwide.
Ski-Doo, Lynx, Sea-Doo, Evinrude, Can-Am, Rotax and the BRP logo are
trademarks of Bombardier Recreational Products Inc. or its affiliates.
For further information:
Corporate Director, Communications, Public Affairs and Investor relations
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