Penske Logistics expands in Mexico
Penske Logistics said it's expanding in Mexico and has appointed Michael Casidy to the newly created position of managing director of Mexico.
Penske Logistics has been operating in Mexico for 17 years and currently employs more than 1,000 people in the country serving a variety of manufacturers in the automotive sector.
“Over the last several years, we have continued to experience business growth with manufacturing customers in Mexico that until now we have managed from the U.S.,” said Marc Althen, president of Penske Logistics. “Our concentration and volume of business is now significant enough with several leading manufacturers to warrant a more-formalized and centralized leadership structure in Mexico.
“We see a significant opportunity to grow our business and diversify the kinds of industries we serve in Mexico beyond the automotive sector,” he added.
Casidy has been with Penske Logistics for 14 years and served in a
variety of operational leadership roles. Most recently, he was based in
Texas and served as Penske's distribution center management product line
leader for the company's Western region.
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