Netafim Launches Major Manufacturing Facility in Mexico to Expand Agricultural Reach
Netafim, Israel's drip irrigation developers, opens biggest manufacturing plant to date in Mexico
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Netafim, an Israeli precision agriculture manufacturer, has inaugurated a 30,000-square-meter factory in Hermosillo, Mexico. This facility aims to enhance irrigation solutions for farmers in North and Central America and is expected to create about 200 jobs.
- 01The new plant spans 30,000 square meters and will serve farmers across North and Central America.
- 02Approximately 200 direct jobs will be created, benefiting local suppliers in Hermosillo.
- 03Netafim has 33 subsidiaries and 19 manufacturing plants worldwide, making it a leader in drip irrigation.
- 04The company was founded in 1965 in Israel and was acquired by Mexican conglomerate Orbia in 2017.
- 05Negotiations are ongoing for a potential sale of Netafim to Chinese billionaire Haoyu Wang.
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Netafim, a leading Israeli manufacturer of precision agriculture equipment, has opened a significant new manufacturing facility in Hermosillo, Mexico. The 30,000-square-meter plant is designed to enhance irrigation solutions for farmers throughout North and Central America, featuring advanced automation systems to ensure quality and efficiency. Gaby Miodownik, CEO of Netafim, emphasized that this plant marks a pivotal moment in the company's growth and global expansion. The facility is projected to create around 200 direct jobs and foster the development of local suppliers and service providers in the region. Founded in 1965, Netafim has established itself as a global leader in drip irrigation, operating 33 subsidiaries and 19 manufacturing plants worldwide. In 2017, the company was acquired by Orbia, a Mexican conglomerate, which currently holds 80% of Netafim. Recent reports indicate that Orbia is exploring the sale of its holdings in Netafim, with potential interest from Chinese billionaire Haoyu Wang, who has been in talks to acquire control of the company.
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The new manufacturing plant is expected to boost local employment and support regional suppliers in Hermosillo, Mexico.
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