Xignux announced that it will invest $5.9 million to build a plant for Multipak, a manufacturer of reels and spools for the wire and cable industry that is part of Viakable and based in Durango, Mexico.
A press release said that the new plant will have a dimension of 12,000 sq meters in the Logistics and Industrial Center of Durango, which is located at Carretera Durango-Torreón. It is expected to be operational in late 2024.
The investment in the new plant will result in about three dozen new positions. The company currently has 295 employees in Durango, and others at its branches in Monterrey, Tlaxcala, Torreón and San Luis Potosí. At its website,
Multipak notes that it is one the main producers of wooden reels in Mexico, and recognized for its quality, flexibility and timely service. It also provides wooden, plastic and steel reels as well as auxiliary products such as pallets.
Multipak’s presence in Durango dates back to 1974. “We are excited about making an investment that will generate new jobs and allow us to grow our production capacity and optimize our processes to offer better solutions to our customers,” said Oscar de J. Martínez, director of Xignux Corporate Development. “We have a long-term commitment to the development of Durango and Mexico.”