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Electronics Production | December 22, 2009

Production resumes at former Molex plant

French investment fund HIG, which has bought a part of the Molex plant in Villemur-sur-Tarn, France, resumes the production with an initial team of 16 employees.

HIG has now signed the take over of Molex and stated a goal of eventually employ 50 to 60 employees. The plant is specializing in the production of electrical connectors for automotive. Production is scheduled to resume today with a team of 16 people, including 14 former employees of Molex says HIG. Six more people should start working in January.
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