Navico expands in Mexico
Marine electronics manufacturer Navico is expanding its production facility in Ensenada, Mexico, by 35 per cent.
The investment will include the construction of a new 4,700 sqm building, with 4,400 sqm dedicated to additional production space.
The expansion will be completed over the next 16-18 months, according to Navico. The manufacturer, which was acquired by Brunswick in October 2021, says the additional space will be used to increase vertical integration and production capacity to deliver the necessary volume growth to deliver its products. This marks Navico’s first major expansion since joining Brunswick, and it is expected to create more than 100 jobs in the Ensenada community.
Brunswick has made five major expansion announcements in the past year, adding more than one million square feet of manufacturing footprint overall.
Navico is a specialist marine electronics company providing navigation, marine instruments and fish-finding equipment
“We continue to build incredible momentum in the business and believe it’s the right time to expand our capacity to boost production of new and existing product lines to serve the increased demand from our customers,” said Knut Frostad, Navico president. “Being part of ASG now for six months has only strengthened our outlook for future growth of product demand from customers, partners and OEM boat builders.”
“This expansion will allow us to vertically integrate to support the continued growth of Navico and support the growing demand for our products which continue to exceed supply,” says Brett Dibkey, Advanced Systems Group president. “We have an immediate need to increase capacity to meet the needs of our global customers and this is an exciting step for ASG to not only increase capacity but also create new jobs in Ensenada. We are excited to be able to work with the community and help support the local economy while expanding production for our award-winning Navico brands.”
The company says the expansion will include the installation of the latest technology for Navico’s production lines to provide its brands with even more capabilities during manufacturing and the ability to support higher-tech components in product design.