TPI Composites has announced that it is currently operating its Chennai, India, manufacturing facility with a skeleton staff through April 15, 2020 and that it will temporarily operate its Matamoros, Mexico facility at reduced capacity beginning on April 3, 2020 through April 30, 2020.
TPI also stated that it will operate its Izmir, Turkey manufacturing facilities at approximately 50% capacity during the first half of April. TPI’s decision to temporarily reduce or suspend production at these manufacturing facilities is due primarily to certain applicable government-mandated stay at home orders in response to the COVID-19 pandemic which resulted in demands from its unions in Matamoros and Turkey to either stop or reduce production. These temporary reductions and suspensions of production may last longer than TPI currently anticipates if the government-mandated stay at home orders are extended. TPI currently is operating its other manufacturing facilities at normal production levels, including its manufacturing facilities in China.
TPI has implemented a crisis management plan and measures focused on prevention, protection, and the support of the public health system. TPI also implemented many best practices from the Center for Disease Control, the World Health Organization, as well as lessons learned from the management of TPI’s factories in China through the COVID-19 outbreak in January and February. These measures have been put in place to provide a safe operating environment for TPI associates to continue operating at all of its facilities.
