Heating & Cooling Division of Rheem Manufacturing Co. announced the
purchase of a 37-acre commercial development site in Nuevo Laredo, in the state
of Tamaulipas, Mexico. The Rheem Heating & Cooling and Water Heating
Divisions currently have manufacturing operations in Nuevo Laredo.
The Heating & Cooling Division plans for construction of a manufacturing
facility on the Nuevo Laredo site that will join its existing plants. In
preparation for a new Nuevo Laredo manufacturing facility, Rheem has contracted
with a land-use architectural firm to conduct feasibility studies and provide
design assistance for the future plant. Specifics related to plant size,
construction timetable, estimated completion and occupancy, employment, and
products to be manufactured in the future facility are yet to be determined.