MERIDA, Mexico — A group of investors operating under the name Renovadora Industrial del Mayab S.A. de D.V. (RIMAY) have opened a medium truck retread plant in Merida, in Mexico's Yucatan State, using technology, equipment and tread rubber from Industrias de hule Galgo S.A. de C.V.
The new plant, located in a 10,000-sq.-ft. structure built in the Central Business Park in Mérida, opens with a rated capacity of 12,000 retreads a year.
The identity of the RIMAY's owners was not disclosed, but Galgo said the group has "gained acceptance" from several key fleets in the area.
According to Galgo, representatives of these fleets cited Galgo's "excellent brand recognition" with national accounts and reputation of providing high-quality products as reasons they elected to do business with RIMAY.
Mayab is the original name of Yucatán in the Mayan language, and means few, or chosen. Merida is the capital and largest city in Yucatan, with a population of nearly 900,000.
Mexico City-based Galgo produces a range of rubber products for different applications, including retreading products under the Pre-Q brand.