July 19, 2005
FOR IMMEDIATE RELEASE
Novacap to Operate Mexican Facility
Valencia – California-based Novacap has entered into a 5 year agreement for the provision of outsourced manufacturing support services (MSS) in Mexico with The Offshore Group of Tucson, Arizona. Under the terms of the agreement, the company will establish a 32,000 sq. ft. facility at the Roca Fuerte industrial park in Guaymas, Sonora.
At the project’s maturity Novacap will employ approximately 200 workers in the manufacture of difficult to produce Multilayer Ceramic Capacitors (MLC) products to the medical, aerospace, military, telecommunications and oil exploration markets.
According to company President, Mark Skoog, “after having investigated several alternatives we decided to procure the services of The Offshore Group. This is due to the professionalism demonstrated by their staff during the site selection process, as well as to the world-class quality of their industrial parks. We look forward to the initiation of a mutually beneficial partnership with them”.
Contact:
Steven A. Colantuoni
Director of Market Research and Communication
The Offshore Group
(T) 520-889-0022, ext. 1251
(F) 520-573-9316
email: stevec@offshoregroup.com
WWW: www.offshoregroup.com
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