Corvest Purchased by Investment Group Siglo Holdings
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The acquisition brings an additional advantage in the form of Siglo’s 70,000 square feet of manufacturing, warehouse, distribution and office space in Santa Fe Springs, California and Tijuana, Mexico. Catherine Pilgrim, Corvest’s senior vice president of sales, not only looks forward to the potential of having a bi-coastal warehouse and distribution presence, but adds that, “The additional manufacturing facility will allow Corvest to lower its costs and reduce lead times within its product categories, giving us a competitive advantage in the promotional products industry.”
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