- ticket title
- LONGi unveils RE100 roadmap to achieve 100% green energy use by 2028
- THRIVE II: This Is What It Takes releases trailer August 8th in 15 languages for sequel to one of the top watched documentaries of all time
- First liquid biopsy to receive FDA Approval for comprehensive tumor profiling across all solid cancers, Guardant Health’s Guardant360® CDx, gains credibility among oncologists in Asia, Middle East and Africa.
- Miami International Holdings Reports July 2020 Trading Results for MIAX Exchange Group; July Market Share up Approximately 19% over 2019
- التقنيات المعززة تساعد منصات التجارة الإلكترونية والتجار على تقديم تجربة بث حي أكثر ذكاء على الإنترنت
Morocco to become new industrial platform serving customers in the EMEA region
TANGIER, Morocco, Jan. 20, 2016 / PRNewswire — TE Connectivity Ltd. (NYSE: TEL) (TE), a world leader in connectivity, today officially opened its first manufacturing plant in the Tangier Free Trade Zone and in Africa.
The inauguration of the new cable assembly plant is an important milestone in TE’s strategic partnership with the Moroccan government to join the automotive ecosystem. The collaboration is part of the government’s strategic industrialization and acceleration program which has established the automotive sector as one of its top priorities for growth. With the support of the Ministry of Industry team and the Tangier Mediterranean Special Agency (TMSA), TE established the facility and started operations in less than one year.
“Today’s celebration marks the integration of TE Connectivity within the cabling ecosystem. We are very pleased to welcome TE to the region and we look forward to further expanding our strategic partnership,” said Mr. Moulay Hafid Elalamy, Minister of Industry, Trade, Investment and Digital Economy. “TE’s investments are in line with the objectives set by the Industrial Acceleration Plan. These investments are an important step for the development of the automotive industry in Morocco. They will generate new jobs, and foster both a greater integration of the sector and the replacement of imports. They will also create opportunities for local partners and suppliers.”
Exclusively focused on special purpose cable assemblies, TE’s new Morocco site manufactures products for automotive applications and serves the growing needs of Automotive customers in the greater Europe, Middle East and Africa (EMEA) region.
“Opening manufacturing operations in Morocco will create new business opportunities for TE and enable us to generate a new level of extraordinary customer experience, bringing production closer to our customer base within Tangier,” said Mr. John Pryce, senior vice president and general manager, Automotive EMEA. “Our investment allows us to enhance our role as a strategic partner in the Moroccan Automotive industry.”
The timely establishment of the project was enabled by an exceptional level of commitment and support from both the government authorities and the Tangier Free Zone office teams.
“The Tangier-Med industrial platform is supporting the expansion of the Automotive ecosystem in Tangier. With its innovative solutions, TE is a great addition to our community and benefits from excellent infrastructure as well as a highly educated workforce and business mindset in Morocco,” said Mr. Mehdi Tazi, Director for TMSA Industrial Platforms.
ABOUT TE CONNECTIVITY
TE Connectivity (NYSE: TEL) is a $12 billion global technology leader. Our connectivity and sensor solutions are essential in today’s increasingly connected world. We collaborate with engineers to transform their concepts into creations – redefining what’s possible using intelligent, efficient and high-performing TE products and solutions proven in harsh environments. Our 72,000 people, including over 7,000 engineers, partner with customers in close to 150 countries across a wide range of industries. We believe EVERY CONNECTION COUNTS – www.TE.com.
TE Connectivity, TE, TE connectivity (logo) and EVERY CONNECTION COUNTS are trademarks of the TE Connectivity Ltd. family of companies.