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TAITRON, COMPANY IN MEXICO PLAN TO CO-RUN PROJECT.


Byline: Daily News staff and wire services

Taitron Components Inc. of Valencia is planning a joint venture with a Mexican company to market and sell electronic components in Mexico.

The joint project will be named Taitron Components Mexico, S.A. DE C.V., with its headquarters and a warehouse located near Mexico City Mexico City
 Spanish Ciudad de México

City (pop., 2000: city, 8,605,239; 2003 metro. area est., 18,660,000), capital of Mexico. Located at an elevation of 7,350 ft (2,240 m), it is officially coterminous with the Federal District, which occupies 571 sq mi
.

In addition to its inventory of electronic components at the Taitron Mexico facility, the operation will have access to Taitron's inventory at its Valencia Industrial Center offices.

Ignacio Enriquez will serve as chairman and Daniel Hernandez Daniel Demetrio Hernandez (born July 23, 1976 in Tyler, Texas) is an Mexican-American soccer defender.

Hernandez played college soccer at Southern Methodist University from 1994 to 1997, where he was a First Team All-American as an attacking midfielder.
 as president. Both are executives with the company Adelsa and will continue to serve both organizations, and they will be responsible for building a management team for Taitron Mexico.

Enriquez, who holds a bachelor's degree in industrial engineering from Texas University, is a longtime long·time  
adj.
Having existed or persisted for a long time: a longtime friend; a longtime resident of Detroit.


longtime
Adjective
 resident of Mexico. He works in industrial and residential real estate, as well as in the electronics industry.

Hernandez holds a bachelor's degree in industrial engineering from Monterey Technical University and a master's of business administration from Harvard University Harvard University, mainly at Cambridge, Mass., including Harvard College, the oldest American college. Harvard College


Harvard College, originally for men, was founded in 1636 with a grant from the General Court of the Massachusetts Bay Colony.
.

``The joint venture represents an opportunity to capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 the fast-growing electronics industry in Mexico, which, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the Mexican Investment Board, represents a market with an estimated production value of approximately $21 billion per year,'' said Stewart Wang, president and chief executive officer of Taitron.

Founded in 1998, Adelsa is a leading marketing company whose business includes supplying semiconductors and electronic components to the Mexican electronics industry.

Taitron, based in the Valencia Industrial Center, distributes a wide variety of transistors, diodes, discrete semiconductors, opto-electronic devices and passive components to electronic distributors and manufacturers who incorporate them in their products.
COPYRIGHT 1998 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Aug 11, 1998
Words:272
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