Mirgor announced an investment of us$ 5 million dollars

It will invest about US$ 5 million to expand the production plant

The company confirmed that it will invest about US$ 5 million to expand the production plant located in the Río Grande Industrial Park. The Minister of Industry, Débora Giorgi, emphasized the production growth and the consolidation of Tierra del Fuego as a reference technolgical center, in which goods are manufactured for leading global brands.

BUENOS AIRES.- The Minister of Industry, Débora Giorgi, received executives from Mirgor company. They said that they will invest US$ 4.7 million in its electronic production plant located in Río Grande, Tierra del Fuego. The idea is to increase production capacity and expand the facility by 2,000 square meters.

Giorgi, emphasized the production growth and the consolidation of Tierra del Fuego as a reference technolgical center, in which goods are manufactured for leading global brands.

“We are investing in equipment for electronic projects, because we know we are going to grow and there is also a domestic market that increasingly demands”, said Roberto Vázquez, president of the company.
Mirgor manufactures components for the automotive industry, cell phones and other consumer devices (audio, computers, air conditioners, TV).

The company reported that the automobile terminals are complying with further integration agreements, allowing them to improve competitiveness due to increased activity and investment in new lines.

“Automotive electronics is a huge business opportunity that we have to capitalize, with a demanding market of US$600 million dollars”, stated Fabio Rozenblum, Business Planning Director of the company.

They set up a 1.5 million dollars laboratory for cell phones, in order to validate the operation of Nokia Lumia 620 and 920 models, which Mirgor manufactures in the island province. The executives emphazised that the laboratory was certified with the highest quality standards.

They also indicated that they agreed to hold their production quota at four million on mobile phones per year, and that the production plant will adapt test equipment for 4G units, with an investment of US$ 600,000 dollars in assembly lines. They also allocated 1.8 million dollars in a new Automatic Insertion line.

For Home Electronic Appliances Business Unit, there are currently developing projects for US$ 800,000 dollars assigned to a new production line of air conditioning for high productivity and, to a new line for Smarts 70-inch TV. They also assured that they will double the annual production of their notebooks in two years. 

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