Mobile phone equipment maker Nokia announced plans to extend its mobile phone production in Reynosa, Mexico.
According to the company, the expansion will provide more capacity and flexibility in meeting Latin and North American customer needs. The extended production facilities will be located near Nokia's existing facility.
Nokia said Reynosa is a strategic location for its Latin and North American mobile phone supply chain and increasing capacity will help the company improve its competitive position.
"It is a great opportunity for us to expand our production in Reynosa as we have positive experiences in manufacturing there. Reynosa production facilities are an integral part of our global manufacturing network," said Raimo Puntala, senior vice president, Operations and Logistics of Nokia.
Nokia anticipates the factory will begin production in the fourth quarter of 2005. The company currently has nine mobile phones factories globally. In addition to the Reynosa factory, Nokia has its mobile device and networks sales teams based in Mexico City.
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