February 3, 2012
- Additionally, the Company will invest US$20M in 2012 to develop its business in the Mercosur region
- At the regional level, turnover grew 22% compared to 2010 and an additional 8% growth is expected for 2012.
Buenos Aires, 2012.-Furukawa Industrial S.A. Produtos Eletricos(FISA), one of the biggest manufacturers of infrastructure solutions for communication networks, announced that its business grew 55% last year at a national level and that investments in the area will continue.
“The growth in Argentina was mainly due to higher broadband usage, which implies more sales within our product portfolio: optical fiber cables, structured cabling, and triple play (FTTH) systems installation”, says Foad Shaikhzadeh, President of Furukawa(FISA).
Additionally, this year, the company will invest US$20 million across the Mercosur region, due to an increment on technological demand for broadband and also special projects such as the Brazil World Cup 2014 and Rio 2016 Olympic Games.
The company has a manufacturing plant in Berazategui, province of Buenos Aires, Argentina, from which optical fiber cables are exported to Chile and Bolivia, within the region. Moreover, Furukawa has a market share of 20% in Argentina, 25% in Chile and 46% in Brazil.
A manufacturer of structured cabling solutions and optical fiber networks, Furukawa(FISA) is the leader of the structured cabling industry in the Mercosur region and has a growing presence in Latin America. This Japanese firm has been active in the Latin America area for the last 37 years. It has industrial units in Curitiba, Paraná, and Sao Paulo (Brazil), and Buenos Aires (Argentina), which meet regional needs and enhance the logistics of product distribution for the Ibero-American market. Furukawa(FISA)operates through a network of authorized resellers, integrators, and training centers throughout the region. Learn more at: www.furukawa.com.ar