Injection molder Nypro Inc. is establishing a second plant in Monterrey, Mexico.
Nypro announced Nov. 4 that it bought the former Intesys Technologies Inc. injection molding plant for undisclosed terms. The 100,000-square-foot facility holds 45 molding machines, including a clean room with 11 presses, and tool maintenance and in-mold decorating. The plant will employ several hundred, Nypro said.
The new plant will be doing work for Nypro customers serving the Latin American market, and represents new business for the Clinton, Mass.-based firm, said Nypro spokesman Al Cotton.
``Mexico is very busy right now,'' he said by telephone.
Nypro has another plant in Monterrey, with 47 injection presses, assembly and paint capabilities, and 1,200 employees. Nypro said the Monterrey plants serve the consumer, telecommunications and automotive markets.
The deal marks the second sale of plastics assets by Intesys in recent months. The firm announced in June that it was selling its 50 percent stake in a Brazilian joint venture.
A spokeswoman for Intesys parent Textron Inc. would not comment on the sale.