Electronics manufacturer Navico today announced plans to expand its Ensenada, Mexico, production facility by 35 percent and add a new building.
“We continue to build incredible momentum in the business and believe it’s the right time to expand our capacity to boost production of new and existing product lines,” Navico president Knut Frostad said in a statement. “Being part of [the Advanced Systems Group] now for six months has only strengthened our outlook for future growth of product demand from customers, partners and OEM boatbuilders.”
The investment includes the construction of a 50,500-square-foot building, of which 47,200 square feet will be dedicated to production. The expansion is the first since Brunswick Corp. acquired Navico last October and, according to Brunswick, will add 100 jobs in Ensenada. The construction is expected to take 16 to 18 months.
“This expansion will allow us to vertically integrate to support the continued growth of Navico and support the growing demand for our products which continue to exceed supply,” ASG president Brett Dibkey said in the statement. “We have an immediate need to increase capacity to meet the needs of our global customers, and this is an exciting step for ASG to not only increase capacity, but also create new jobs in Ensenada.”