“More OEMs are recognizing the need to focus
on their core competencies such as R&D and
marketing. So they are turning to strategic
partners ... for their product development and
for the folks we deal with, and delays and uncertainty created by
unclear government and regulatory priorities can chill any
entrepreneur’s desire to invest in a new venture.
Busch: More customers either are doing work in the U.S. or
employing a bifurcated model of building lower intellectual property parts in Mexico and doing final assembly and test in the U.S.
Logistics costs are impacting companies’“where-built”decisions.
What opportunities (technological, financial, new
markets, etc.) for growth do you predict for your
business going forward?
Barko: We have seen a number
of opportunities to co-locate team
leaders with our key clients and we
have several individuals located
remotely. We will continue to leverage our resources to better understand our customers’ needs and
provide better solutions. We are
committed to maintaining a leadership position in both the evaluation
and utilization of emerging technologies and with our global client
base, expanding our capabilities to
meet the needs of emerging
markets. We cannot be successful
without a business plan where profits fund growth and expansion. We
are committed to provide value for
our services so this plan can
continue to be achieved.
Tavárez: We just expanded our
Technology and Innovation Center
due to the execution of various OEM
contracts. Besides the increase in new
ventures, we are also seeing significant growth in the transfer of existing
technology to Oscor’s manufacturing
due to our extensive facilities certification and IP.
Moomjian: More funding is to
be allocated for research and development to improve our expertise