View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
January 5, 2000

Lexmark Electronics Extends Manufacturing Into Mexico

COMPANY PRESS RELEASE: Lexmark Electronics, an independent business of Lexmark International, Inc., today announced it is establishing a new contract electronics manufacturing (CEM) plant in Reynosa, Tamaulipas, Mexico for printed circuit board assembly.

By CBR Staff Writer

The new 150,000 square foot facility will be operational in the second quarter of 2000.

Since our inception two years ago, we have been focused on establishing a global presence and opening facilities that bring us even closer to our customers around the world, said Ben M. Streepey, vice president and general manager of Lexmark Electronics. Just six months ago we began operations in Brno, the Czech Republic and now we’re getting underway in Mexico. This accelerated growth is in response to the explosion of the CEM industry and reflects our commitment to supporting our customers worldwide.

The plant is strategically located in the northeastern region of Mexico, just a few miles from the southern tip of the U.S. border near McAllen, Texas. It is in close proximity to several major transportation points of entry, making access between the U.S. and Mexico quick and easy.

The $60 billion CEM industry is growing at 20 percent annually, according to Technology Forecasters, Inc. This anticipated growth will present new opportunities for Lexmark Electronics to continue growing its operations globally. Lexmark Electronics will maintain its high standards in the new facility by implementing the well-established assembly principles it has practiced for years in Lexington, Ky. Following copy exact processes, the Mexico plant is expected to achieve the same two-hour average cycle times as its other locations.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.