Article: Fortis adds Nypro siteto Mexico operations.(News)

Byline: Frank Antosiewicz

Fortis Plastics LLC is expanding its Mexican operations, using a subsidiary to purchase the operating assets of Nypro Inc's molding and assembly plant in Chihuahua.

The plant will be South Bend, Ind.-based Fortis' second in Mexico it already has a plant in Ramos Arizpe.

"Our Ramos plant has been very successful. It has increased sixfold in the amount of revenue, [and] it has a run rate of over $30 million. This gives us another platform in Mexico, said Fortis CEO Joseph Mallak, in an Oct. 28 telephone interview.

Mallak said the acquisition already has been completed and Fortis' FPG Mexico S de R L de CV ...

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