customer
story
“From the beginning they found the best candidates
for the job – people who are still with me today.”
John Chettleburgh, Formglas President and CEO
why mexico?
Previously Formglas had operations in China and became concerned about both the distance from the
headquarters and the rising Chinese labor costs. After researching Mexico, the company discovered that
beyond saving money there are many additional benefits. As John Chettleburgh, Formglas President and
CEO states, “It is incomprehensible why a North American manufacturer would not first turn to Mexico for
establishing a location abroad. The promise of Asia is often overstated and misunderstood, and the promise
Company: Formglas Products Ltd.
Established: 1961
of economic advantage is largely rooted in historical perceptions and not based on current or future realities.”
Headquarters: Toronto, Canada
why ivemsa?
During the due diligence performed by Formglas, company representatives reached out to over 20 potential
Mexican service providers throughout the country. Having identified approximately 10 of those companies
that stood out, they then went through a more rigorous vetting process, including an RFP. Out of that, IVEMSA
emerged on top with Formglas identifying them as the best fit due to their business model, history, people,
approach and culture. As Chettleburgh says, “From the beginning they found the best candidates for the job –
people who are still with me today.”
Industry: Custom manufactured
architectural products
Distribution: Worldwide
Established Mexican
Operations: 2008
results
Since the establishment of their Mexican operations, Formglas has met their goals and more:
1. Reduced labor costs
3. Reduced exposure to US dollar fluctuations
2. Increased revenue
4. Found strong management disciplines in Mexico
Circuito Internacional Sur #21, Parque Industrial Nelson, Mexicali, Baja California, Mexico 21395
TOLL FREE: 1-855-493-1936 +52 (686) 561 6741 www.ivemsa.com
[email protected]