SANLUIS Rassini Inaugurates New High Stress Coil Spring Plant
10 January 2000
SANLUIS Rassini Inaugurates New High Stress Coil Spring PlantMEXICO CITY, Jan. 10 -- SANLUIS Rassini, a leading supplier of highly engineered Auto Parts to original equipment manufacturers, announced today the opening of a new US$ 5 million High Stress Coil Springs Plant. This plant has the technology to produce high stress coil springs that significantly reduces the weight of the coil springs, and in turn, total vehicle weight. SANLUIS Rassini is a subsidiary of SANLUIS Corporacion, S.A. de C.V. (BMV: SANLUIS). Located in Piedras Negras, Coahuila, Mexico, the plant is already supplying coil springs for the Nissan Tsuru, the GM Chevy and Chevy Monza, and the DaimlerChrysler Ram and Suburban. With 22 employees and a production capacity of 11 coil springs per minute, the new facility will enhance the company's ability to serve the growing demand of coil springs. "This new coil spring plant allows SANLUIS Rassini to grow with its customers as they increase their manufacturing operations in Mexico," said Mr. Enrique Villasenor, President of SANLUIS Rassini. "This is an excellent opportunity for the company to satisfy our customers by manufacturing the right product with the highest quality standards. The new light-weight coil springs are also a valuable extension to our product line, since we already have over sixty percent of the North American market for leaf springs," he added. SANLUIS Rassini is one of the leading suppliers to original equipment manufacturers (OEMs) of highly engineered, top quality suspension and brake components for pick-up trucks, mini vans, sport utility vehicles, passenger cars and commercial vehicles. With a Technical Center in Plymouth, Michigan and 12 production facilities in Mexico and Brazil, SANLUIS Rassini has invested hundreds of millions of dollars in new manufacturing and testing equipment. To build its presence in the market and to assure that each of its products has the quality, technology and price competitiveness required by its customers.