Commercial Vehicle Group Announces Ground Breaking for New Facility in Mexico
NEW ALBANY, Ohio, Feb. 16, 2016 /PRNewswire/ -- Commercial Vehicle Group, Inc. (the "Company" or "CVG") (Nasdaq: CVGI) is pleased to announce the construction of a new wire harness facility in Agua Prieta, Mexico. This facility will allow us to expand and enhance our capabilities for the construction, agriculture and specialty vehicle markets. Approximately 90 people were on hand for the official groundbreaking ceremony on Tuesday, February 9, 2016 that was attended by local civic leaders and officials and CVG employees. The new 140,000 square foot facility is being built on 13.92 acres adjacent to the Company's current operation in Agua Prieta. It is expected to be completed by the end of the year with capacity for 1,500 employees. Speaking at the ceremony, Director of Agua Prieta Operations Jaime Hernandez commented on the facility's long history in the area and introduced thirty employees who have been with the Company since it opened the original Agua Prieta facility in 2000.
President and CEO, Patrick Miller, was also on hand for the groundbreaking ceremony and told the crowd, "We are proud of the partnership that has grown over the past 15 years between the Agua Prieta community, the city of Douglas, AZ and CVG. We have great confidence in our local CVG team and expect that they will manage this new round of investment to the same positive outcome as previous investments."
About Commercial Vehicle Group, Inc.
Commercial Vehicle Group, Inc. is a Delaware (USA) corporation. We were formed as a privately-held company in August 2000. We became a publicly held company in 2004. The Company (and its subsidiaries) is a leading supplier of a full range of cab related products and systems for the global commercial vehicle market, including the medium-and heavy-duty truck market, the medium-and heavy-duty construction vehicle market, and the military, bus, agriculture, specialty transportation, mining, industrial equipment and off-road recreational markets. Information about the Company and its products is available on the internet at www.cvgrp.com.
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SOURCE Commercial Vehicle Group, Inc.