Coats Breaks Ground On Third Mexican Plant

Coats Breaks GroundOn Third Mexican PlantLondon-based Coats plc has begun construction of a new
industrial thread-manufacturing plant in Orizaba, Mexico. The new facility, expected to be finished
by the end of 2003, will be the companys third in Mexico.In announcing its Mexican expansion, the
company noted that over the past ten years, apparel companies have been moving more and more of
their operations to Mexico, Central America and the Caribbean Basin. To deliver the quick service
our customers demand, it is imperative that we offer in-country manufacturing and immediate
delivery, said Max Perks, chief executive for the Americas, Coats American, Charlotte.The
130,000-square-foot facility is located near water for use in dyeing and finishing processes, as
well as near major roadways. Coats will install a $1 million state-of-the-art water filtration
system to process waste water from the plant.Coats will hire and train approximately 300 employees
to work at the facility. Production capacity will be 250,000 pounds of thread per week.
October 2002