Greenville-based O’Neal Inc. is partnering with Beck Group to establish operations in Mexico. Through the new initiative, O’Neal will provide planning, design, procurement and construction services for manufacturing clients.
“We’ve seen a steady increase in demand for design and construction services from our clients in Mexico,” Kevin Bean, O’Neal Inc. president and CEO, said in a release. “Our clients, particularly those in the automotive, consumer goods and packaging industries, are investing in grassroots facilities, expansions and upfits for manufacturing operations in Mexico, and we have invested to meet their needs.”
According to the release, a recent Boston Consulting Group report expressed confidence in Mexico’s manufacturing sector, noting that manufacturing could add between $20 billion and $60 billion to Mexico’s economy through 2018.
“Foreign investment in factories in Mexico is taking off again with many global companies locating significant manufacturing operations in Mexico,” Brian Gallagher, O’Neal’s director of marketing, said.
The combination of trade agreements, low production costs, a skilled workforce, and access to world markets and supply chains are among the factors driving this capital investment in manufacturing facilities, Gallagher said in the release.
Beck Group has been offering construction services from its Mexico City office for more than 20 years, serving a broad range of commercial and industrial clients.