PRESS RELEASES

XIGNUX WILL INVEST 5.9 MILLION DOLLARS IN A MULTIPAK PLANT IN DURANGO.

February 28, 2023

The investment will increase employment by 12%.
It will expand the supply and production capacity of wooden packaging components for the cable industry and original equipment manufacturers (OEMs).
Multipak is a business unit of Viakable, a Xignux company that manufactures electrical conductors.

Durango, Mexico, February 28, 2023. Xignux announced that it will invest 5.9 million dollars in the construction of a plant for its company Multipak, part of Viakable, which manufactures wooden packaging components for the cable industry and original equipment manufacturers (OEMs). The investment in the new plant will add 12% of new jobs to Multipak’s existing Durango operation, which currently employs 295 people. The governor of Durango, Dr. Esteban Villegas Villarreal, emphasized that “the state has everything necessary to attract large companies, such as water, electricity, security and skilled labor”. For his part, Oscar de J. Martínez, director of Xignux Corporate Development, stated that Xignux’s presence in Durango dates back to 1974. “We are excited to make an investment that will generate new jobs and allow us to grow our production capacity and optimize our processes to offer better solutions to our customers. We have a long-term commitment to the development of Durango and Mexico.”

Mr. Carlos Ramos Espinosa, CEO of Viakable; and Mr. Oscar Martínez Treviño, Director of Corporate Development Xignux.

Mr. Oscar Martínez Treviño talking with Dr. Esteban Villegas Villarreal, governor of Durango, accompanied by Mr. Carlos Ramos Espinosa.

The new plant will be 12,000 square meters in size at the Durango Logistics and Industrial Center located on the Durango-Torreón Highway, km 6.5 SN, ejido 27 de Noviembre, and is expected to start up during the last quarter of 2024. Multipak is part of Viakable, a Xignux company, and is the leading producer of wooden spools in Mexico, recognized for its quality, service, and security of supply. Which is at the forefront in the manufacture of integrated packaging solutions and is currently about to celebrate 52 years of presence in the country. About Xignux Xignux is a leader in the energy and food industries. Based in Monterrey, Mexico, we manage a variety of companies that energize life and society to contribute to a better world, thanks to the hard work and talent of more than 31,000 employees in Mexico, the United States, and Brazil. In the energy industry, Viakable offers electrical conductors, and Prolec specializes in energy transformation and delivery. In the food sector, Qualtia provides a wide portfolio of cheeses, cold cuts, meats, and food service, while BYDSA produces savory snacks. Through its Social Responsibility model and the Xignux Foundation, the company also contributes to society’s sustainable development with active participation in four priority areas: energy, nutrition, education, and community development. Xignux was founded 68 years ago and the solutions from its companies reach over 35 countries. Learn more about us at https://www.xignux.com/ About Viakable Viakable is a leader in manufacturing and marketing electrical conductors that power homes, businesses, and communities. Founded over 67 years ago, Viakable employs more than 4,200 people in Mexico and the United States. It has sales representatives and distributors across the United States, Central America, South America, and the Caribbean. Multipak, a Viakable company established in 1971, employs over 500 workers to produce reels, pallets, and specialized packaging Learn more about us at www.viakable.com

XIGNUX WILL INVEST 5.9 MILLION DOLLARS IN A MULTIPAK PLANT IN DURANGO.

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