Optimas Solutions will open a cold form manufacturing plant in Monterrey, Mexico, in the second half of 2024.
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The Mexico production center will complement fastener manufacturing facilities in Wood Dale, Ill., and Droitwich Spa in the United Kingdom and continue the company’s near-shoring efforts to minimize supply chain risk.
“More than ever, resource availability has given way to accessibility in the form of regionalization,” said Daniel Harms, CEO of Americas. “Our expanding localization strategy enables us to be more agile with our manufacturing and sourcing capabilities for industrial customers and suppliers.”
Optimas Solutions’ in-house cold forming complements its global distribution business for fasteners and C-Class parts procurement.
“The ability to dual source adds significant strength to a customer’s procurement strategies because you can combine the breadth and depth of sourcing with the ability to manufacture more complex parts locally,” said Harms. “With fluctuations in demand occurring at an ever-increasing rate, procurement specialists depend on business partners that are flexible to meet production requirements.”
