Horn Set to Open Mexican Subsidiary

Achieving a gross domestic product of $1.276 billion, Mexico was responsible for Latin America’s second-strongest economic performance of 2014. The country has the region’s second-biggest population and third-largest territory, and accounts for around 2.1 percent of the world’s GDP. Exports remain the driving force behind the country’s growth, with the automotive industry and its suppliers particularly well placed to build on the achievements of 2012, a record year. The aerospace sector, pharmaceuticals, medical technology, mining, the electrical industry and the transport sector are also experiencing an upsurge.

Developments in the southern United States and a positive work ethic among the population are what has made Mexico so strategically important to the position of Horn USA Inc. (Franklin, TN) on the global market. Now the company is set to open a Mexican subsidiary at the start of 2016, the aim being to provide the machining market with support in the form of highly qualified, local staff who know both their subject and the market.

THINK GLOBALLY, ACT LOCALLY
At the heart of Horn’s corporate philosophy is the principle of thinking globally, but acting locally. The company ensures that its various subsidiaries and representatives receive support from expert individuals and teams who have a comprehensive understanding of the industry. In return, the subsidiaries and representatives support customers through local staff who know the ins-and-outs of the local economy and are able to respond to customers’ needs.

Horn Mexico will also have the opportunity to draw on the experience and proximity of Horn USA, which was founded in 1998. After starting life as a sales office in Franklin, Horn USA set up a warehouse and installed a small number of grinding machines shortly thereafter. Hot on the heels of this came production machines for producing cutting tools with the right dimensions to serve the North American production industry. The company’s experience, gained from adapting to market requirements and combined with Paul Horn GmbH’s expertise, are sure to create the ideal conditions for the Mexican subsidiary to make a successful start.

www.hornusa.com