The Heating & Cooling Division of Rheem Manufacturing Company announced the purchase of a 37-acre commercial development site in Nuevo Laredo, in the state of Tamaulipas, Mexico. The Rheem Heating & Cooling and Water Heating Divisions currently have manufacturing operations in Nuevo Laredo.
The Heating & Cooling Division plans for construction of a manufacturing facility on the Nuevo Laredo site that will join the Fort Smith and Milledgeville plants in a harmonized system of world-class manufacturing facilities capable of supplying high quality products in greater volumes to North American and world markets. In preparation for a new Nuevo Laredo manufacturing facility, Rheem has contracted with a land-use architectural firm to conduct feasibility studies and provide design assistance for the future plant. Specifics related to plant size, construction timetable, estimated completion and occupancy, employment, and products to be manufactured in the future facility are yet to be determined. Rheem will announce future next steps as they are defined. Rheem foresees gradual evolutionary change in normal operations as its plant rationalization plan continues to unfold toward achieving lower cost operations and increased global competitiveness.
Rheem just completed the most expansive period of product development in the Heating & Cooling Division's history that included the introduction of more than 100 new heating and cooling products in 30 months. Since 2005, the company has also opened a distribution center in Randleman, NC, U.S. and new regional distribution centers in Lewisville, TX, U.S., and McDonough, GA, U.S.