CRI Pumps sets up US and Mexico subsidiaries with about $5M assembly plant

CRI Pumps is setting up wholly owned subsidiaries in the US and Mexico, with an assembly facility in Houston estimated at around $5 million, to cut US lead times from 120 days to under 5. It also plans a California facility within six months.

“The investment on this facility (at Houston in the US and Mexico) is estimated at around $5 million.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comCRI Pumps setting up US, Mexican subsidiaries, plants - The HinduBusinessLineJul 8, 2019

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