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April 09, 2010 – Toluca-Lerma, State of Mexico – Grupo FRISA announces the sale of two land lots better known as Lots 11 and 20, Block 2 within its 120 has. FRISA Doña Rosa Industrial and Technology Park, the total area of the lots consist of approximately 4,000 m2 in total and were acquired by a Mexican company focused mainly in the machining of metallic components, better known as Metalmod México. This acquisition represents the second investment on behalf of Metalmod within the industrial park, being its main objective the strategic growth of its business by means of a privileged location in one of the country´s main industrial corridors.
About METALMOD MEXICO
Metalmod Mexico S.A. de C.V. is a Mexican company dedicated to the manufacture of precision machined parts for the industry using materials as steel, aluminum, brass, plastic, among others. The Company applies the constant improvement offering competitive prices, quality and service. Nowadays 70 % of its sales are for the automotive industry sector and most of the production is exported to The United States of America.