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Canadian Manufacturer Increases its Stake in Mexico

Mailhot Industries

In April this year, at perhaps the lowest point during the global economic downturn, Terrebonne, Quebec-based Mailhot Industries officially opened a new $10 million plant in Mexico.

By Danny Kucharsky

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In April this year, at perhaps the lowest point during the global economic downturn, Terrebonne, Quebec-based Mailhot Industries officially opened a new $10 million plant in Mexico. Mailhot designs and manufactures hydraulic cylinders for a variety of applications, from construction and mining to refuse and recycling collection.

A bad move? Think again. “Even though we’re in the recession, our order book in Mexico is solid for the next three months,” says Yvan Morin, President of Mailhot. “In our trade, that’s outstanding.”

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