TE Connectivity Ltd. (NYSE: TEL) (TE), a world leader in connectivity, today officially opened its first manufacturing plant in the Tangier Free Trade Zone and in Africa. The inauguration of the new cable assembly plant is an important milestone in TE’s strategic partnership with the Moroccan government to join the automotive ecosystem. The collaboration is part of the government’s strategic industrialization and acceleration program which has established the automotive sector as one of its top priorities for growth. With the support of the Ministry of Industry team and the Tangier Mediterranean Special Agency (TMSA), TE established the facility and started operations in less than one year.
Source: TE Connectivity