Leoni inaugurates first wiring systems plant in Paraguay
Business expansion in the Americas
“The new plant in San Lorenzo will help us to realise further business growth in the Americas,” states Martin Glößlein, CEO region Americas of Leoni’s Wiring Systems division. The company is already operating three wiring systems productions in Mexico and Brazil. The additional plant in Paraguay will deliver its products to customer plants in Brazil and Argentina.
Leoni is investing a total of EUR 12 million in the new building and equipment. The main advantage of the investment in Paraguay is to produce for reasonable cost, have excellent logistic flows and labour availability as well as taking advantage of the Mercosul benefits as economic trade zone.
With an area totalling about 28,000 square metres and a production space of almost 10,000 square metres (January 2016), the plant provides space for up to 1,000 employees when running at full capacity. Serial production has already started earlier this year.