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SRG Global breaks ground on Mexican production facility expansion

Larger facility increases capacity to expand existing product portfolio

WARREN, Mich., April 24, 2014 – SRG Global’s Irapuato, Mexico facility unveiled a plaque today commemorating the start of an expansion project that more than doubles its size. The expansion is expected to be operational in 2015, according to Dave Prater, SRG Global president and CEO, who made the announcement.

The SRG facility is located east of Guadalajara and northwest of Mexico City, in the state of Guanajuato.

The expansion will add 215,000 sq. ft. to the existing 205,000-sq.-ft. facility, providing complete part production capability, including injection molding, chrome plating and assembly. According to Prater, the larger facility will also provide the necessary capacity to offer new products at the site, such as interior trim components, rocker panels and fog lamp bezels, among others.

“This expansion will provide the capacity needed to maintain current volumes, while offering customers additional global product innovations that leverage our existing core competences. This action effectively builds upon the long-term vision of the company to create value for its core customers,” said Prater. “The fact that we are beginning this expansion a full 1.5 years ahead of our original three-year plan, is proof of our commitment to this objective and this region.”

The expansion will incorporate state-of-the-art tooling and equipment, and include benchmarked, best-in-class wastewater treatment technology. The expansion will create an estimated 230 new jobs, including the addition of technical staff to support the company’s round-the-clock engineering capabilities.

According to Plant Manager Jorge Vicuna, Irapuato was initially chosen as the location for SRG Global’s Mexico operations because of its centralized location and proximity to the company’s core customer base. However, the availability of a highly skilled workforce in the surrounding region has also proven to be a primary factor in the plant’s success, earning it recognition from GM as an award finalist, and earning a ‘Best Recovery Award’ award from Nissan only two years after it launched its operations.

The success we’ve had so far is the result of our talented and dedicated employees, of which 90 percent come from the state of Guanajuato,” said Vicuna. “In fact, since we first began operations, over 80 people have been promoted to new positions.”

The addition to the Mexico facility is part of SRG Global’s overall business strategy, designed to provide global technological advancements and ensure consistent quality in every region served, while maintaining local and regional production capabilities.

About SRG Global

SRG Global Inc., a Guardian company, is one of the world’s largest manufacturers of chrome plated plastic parts for the automotive, commercial truck and household appliance industries, with a manufacturing presence in major world markets including North America, Western and Central Europe and China. The company is headquartered near Detroit in Warren, Michigan. Through its Advanced Development Center in Taylor, Michigan, SRG Global works to enhance manufacturing processes and accelerates development and delivery of the next generation of materials and coating technologies. The result is the creation of products that provide not only the decorative attributes eagerly sought by designers, but that are also engineered for greater surface durability, structural integrity and enhanced functionality. For more information, visit www.srgglobal.com.

Contact:

Tricia Shapland, SRG Global

586.427.1173

Or Rohatynski-Harlow PR Group

517.579.0789

[email protected] / [email protected]

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