Embraco, a global supplier of compressors for refrigeration appliances, will build its first plant in Mexico, in the metropolitan area of Monterrey.
Embraco is a Whirlpool Corp. subsidiary headquartered in Southern Brazil with factories in Europe, Brazil, and Asia. It has been present in Mexico with a Monterrey sales office since 2004. The investment in Mexico manufacturing is part of Embraco’s global growth strategy which includes expanding production of highly energy efficient compressors.
Also as part of its global strategy, Embraco is expanding production capacity of highly energy efficient compressors in China and Slovakia, planned for introduction in the first quarter of 2011. With this, the highly energy efficient compressor, Embraco Mini (EM), will be the only compressor produced in all of the company's global operations.
The new factory in Mexico is scheduled to begin operations in August 2011 with approximately 500 employees and annual production capacity for 2.5 million compressors. Plans call for a total investment of $90 million by 2013 to result in plant capacity of 5 million units and will result in 1000 direct jobs.
to Daily News