MONTERREY, MEXICO — Two U.S.-based companies, Mattel Inc. and TriQuest Precision Plastics, are talking about opening new facilities in the Monterrey area.
Mattel already has substantial operations in the area, and suppliers of resins and equipment are negotiating to supply a new plant for subsidiary Montoi SA de CV, according to sources at Expopl sticos '98, held Aug. 13-15 in Monterrey.
Montoi has a plant in Santa Catalina, near Monterrey. General Director Dan Gilbert would not provide details about the new operation.
``Everybody in Monterrey knows about it,'' said one Monterrey industry source, who asked not to be identified. Another added that the company is buying injection molding equipment for the 200,000-square-foot plant.
TriQuest Precision Plastics SA de CV, based in Zapopan, Mexico, exhibited at the show as a part of a strategy to promote itself throughout the country, said molding director Angel Font.
He added that there are ``great opportunities in Monterrey,'' and that the ``company is exploring different locations and different markets'' in Mexico.
TriQuest specializes in injection molded parts for the telecommunications and computer industries. Its parent, TriQuest Precision Plastics, is based in Vancouver, Wash.
About 10 of the 100 companies that exhibited at Expopl sticos were from outside Mexico; more than 65 percent were Mexican companies headquartered outside of Mexico City.
About 2,100 people attended the show, according to organizer Grupo Industrial Promotor de Exposiciones SA de CV, based in Monterrey.
William H. Roebuck of JSW Plastics Machinery Inc. in Anaheim, Calif., said he was happy with the event. ``Montoi has agreed to take the machine on a trial run,'' he added.
In January 1998 JSW hired on Carlos Padilla of Monterrey's PlastiColor SA de CV, as its Mexican representative.