Velcro Companies has opened a production facility in Canelones, Uruguay, to service the company’s growing industrial and retail business in Latin America.
“The Uruguay facility will be a complete manufacturing facility for finished goods, not merely an assembly point for products sourced elsewhere,” said Scott Filion, president of the Americas region, Velcro Companies. “It will enable us to develop and manufacture products tailored to the preferences of consumers and businesses in Latin America, which is a competitive advantage for us and a significant benefit for our customers.”
“The Uruguay factory is one of the largest capital investments Velcro Companies has made in recent years, and we believe it is one of the largest in Uruguay,” said Fraser Cameron, CEO, Velcro Companies.
November/December 2015
