LATIN AMERICA
term include a growth rate for the company that doubles Colombia ’ s , meaning that the rate will still be a single figure .
Nevertheless , the company plans to double its total value by 2020 . This goal is not far from being accomplished , once KIPO establishes itself in the entire continent , and completes plans to export to India and Thailand .
“ Our dream of doubling the company ’ s value can be accomplished with a strong exports operation . This is a long term effort ,” the executive said .
Company Information
NAME
Grupo Industrial UMO
INDUSTRY
Exhaust system manufacturing for car and motorcycle ; motorcycle seats manufacturing
HEADQUARTERS
Medellín , Departamento de Antioquia , Colombia
FOUNDED
1971
EMPLOYEES
500
REVENUE
US $ 40 million
UMO has a policy to consider employees ’ opinions and proposals to improve procedures and bring down production costs
WEBSITE www . umo . com . co www . umo . com . co 59