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Technology Stocks : Dell Technologies Inc.
DELL 120.11-2.1%3:14 PM EST

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To: kemble s. matter who wrote (167208)9/24/2001 3:27:37 PM
From: TigerPaw  Read Replies (1) of 176387
 
Dell Computer may open a plant down Mexico way
By John Pletz

American-Statesman Staff
Monday, September 24, 2001

If you want a clue about where Dell Computer Corp. might be headed next, look to Mexico.

Gov. Fernando Canales Clariond of Nuevo Len, whose capital is Monterrey, says Dell began exploring "a special project" with officials there about three months ago. Canales said he expects to "hear something soon" about it. He said he'd been asked by the company not to reveal any specifics.

A move to Mexico would make sense for Dell. The main reason high-tech companies, like auto manufacturers before them, set up in Mexico is simple: cheap labor that is fairly close to home markets.

That's especially important to computer makers, who have seen demand weaken and profits shrink.

Sources within the company say Dell appears to have settled on a location near Monterrey. Another person outside the company, who is familiar with the project but spoke only on condition that he not be identified, also said Monterrey was on Dell's short list.

austin360.com
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