Pioneer Selects Mexico for New Production Facility Site
On Monday, Pioneer announced that is has decided to establish a new production facility in Mexico. The company said the move will enable it to strengthen its production structure of car electronics products in North, South, and Central America and that the decision was based on the expected increase of automobile production in the region in the coming years.
Currently, Pioneer manages car electronics production facilities around the globe in locations like Thailand and China. And in 2003, the company established Pioneer do Brasil Ltda., a manufacturing and sales subsidiary in the city of Manaus, Brazil.
“The volume of automobiles being produced is growing rapidly,” Pioneer said in a statement. “This time, by establishing a production facility in Mexico, a country in which the market is expected to grow and expand in future years, Pioneer will aim to further strengthen its global production structure and expand the scale of its business operations in the Mexican market.”