PRETTL: Mexican household appliance components joint venture created with RavenTech / Automotive components facility added in Vietnam
Prettl Manufacturing, part of the Prettl group, said RavenTech’s specialist knowledge as a provider of product development services in the household appliances industry complements its global expertise in production using plastics. “Together we shall offer the customer a broader spectrum of services with innovative concepts”, said Carlos Barroso, who represents Prettl in the new jv. RavenTech, which is part of the RavenGroup, already has a facility in Monterrey / Mexico.
Prettl also announced that its Prettl Automotive Electric business is adding another production and administration building at its site in Hai Duong / Vietnam. The facility, which is expected to cover 16,000 m², will produce exhaust emission regulation components, anti-lock braking systems and wheel speed sensors and components for use in future-oriented technologies, such as driver assistance systems. Start-up is expected by 2018.