Green Ray foresees producing Uruguayan LEDs by April, 2011
Green Ray, a U.S. company that manufactures commercial lighting solutions with LED technology on a worldwide scale, will inaugurate today in Montevideo its new factory, whose ultimate goal will be to supply the demand of its Mercosur clients.
The company, directed by Fernando Cancela, an Uruguayan who emigrated 10 ago to the United States, has already invested $750,000 in the installation of their store, office construction, and in equipment.
That amount will rise to $2 million when the third phase culminates, Ferando Cancela tells El Pais.
“Although the principle markets aren’t in Uruguay, the country was seen as an anchor because of its economic soundness and politics that guarantee investments,” says Cancela.
The first phase consisted of bringing the product to Uruguay to find out if a market existed. Because of the successful culmination of this phase, it is expected that the factory will start continuous production on a local level in 30 days that will produce 26,000 units per month.
During this phase the process will be realized with local, regional and international providers and during a third phase, that is expected to start in April or May, the products will be considered Uruguayan. With this in mind, Green Ray has already presented a project to the National Investigation and Innovation Agency for the development of the necessary technology.
Green Ray has a presence in various countries in the region. Among its principal Argentine clients are 16 Carrefour supermarkets (similar to Walmart), McDonalds, and Telefonica. Uruguay will be the hub of distribution for Mercosur, but the company also has other hubs in Chile, Mexico, the United States and China. Customer support and technical consultation are available at all locations.
That’s why, in Montevideo, besides the factory, Green Ray installed offices and a technical laboratory for training architects, designers, and engineers about the advantages of LED technology (efficiency,performance, and low consumption compared to incandescent and fluorescent lighting).
Original Article: http://www.elpais.com.uy/100929/pecono-518426/economia/green-ray-invertira-us-2-en-uruguay
