(Plastics Today) -- SRG Global Inc. has broken ground on an injection molding, top coat, chrome-plating, and assembly plant in Irapuato, Mexico. The company estimates that the initial phase of the project will cost between $25 and $35 million, with the facility expected to be completed by the first quarter of 2012.
Tom Schneider, SRG's director of marketing, told PlasticsToday that at this point in time the facility's final size and machine count are to be determined, with the build-out expected to last one year. The company expects to install injection molding machines ranging from 250 to 3000 tons, but that also could be subject to change. Schneider said that SRG currently supplies "many" of the OEMs that are Mexico, shipping product from its sites in Kentucky, Indiana, Georgia, Tennessee, and Missouri.
SRG Global said in a release that construction of the Mexico facility is part of its business strategy to maintain local and regional production capabilities.