CapSource conducts
its business in Mexico through two operating subsidiaries, RESALTA -
Remolques y Sistemas Aliado de Transportacion, SA de CV and REMEX -
Rentas y Remolques de Mexico, SA de CV. RESALTA sells new and used trailers,
parts, and service and REMEX operates a lease/rental fleet.
Facilities are located
in Mexico City and Monterrey, Mexico. Products and services are offered
elsewhere in Mexico through sub-dealer agreements and independent sales
representatives.
CapSource, pursuant
to an agreement with Hyundai, has the exclusive right to sell Hyundai
trailers in Mexico. Hyundai operates a state-of-the-art manufacturing
facility in Tijuana, Mexico. This provides CapSource with significant
competitive advantages when selling to the Mexican market.
RESALTA - Remolques y Sistemas Aliado de
Transportacion, SA de CV
RESALTA sells new
and used trailers and related equipment and parts. RESALTA offers service
and financing through third parties.
RESALTA is the sole
distributor of Hyundai trailers in Mexico. RESALTA sells Hyundai trailers
and parts through its two company-owned facilities, sub-dealer agreements
and independent reps. In 2005, RESALTA was Hyundai's largest trailer
dealer (by dollar volume) as well as its largest parts distributor.
RESALTA's customers
include for-hire carriers, private fleets and lease/rental companies.
RESALTA is committed to providing the highest level of service to its
customers.
The market for trailers
in Mexico has and continues to be characterized by high growth rates.
The growth is the result of the combination of NAFTA-driven trade and
the need to upgrade aging equipment. Large U.S. corporations like Wal*Mart,
Home Depot and Costco are committing significant resources to Mexico.
These companies have the highest standards for their carriers. The Mexican
carriers must have new, top quality equipment in order to benefit from
these growth opportunities.
RESALTA is committed
to being the premier dealer in Mexico. RESALTA believes it is one of
the largest trailer dealers in Mexico.
In its drive to
be number one, in both size and customer service, RESALTA is committed
to working with current and potential customers to develop new, cutting-edge
products. RESALTA is currently working with FEMSA, the largest Coca-Cola
bottler in Latin America, to develop a new aluminum beverage trailer
which will generate substantial savings for the customer. The market
for this equipment is significant. Mexico is the largest per capita
consumer of soft drinks in the world. RESALTA is experiencing significant
interest in the new trailer from other bottlers and brewers.
To learn more about
RESALTA, visit http://www.resalta.com.mx.
REMEX - Rentas y Remolques de Mexico, SA de CV
REMEX operates a
fleet of lease/rental equipment, principally dry vans, flat bed and
commodity trailers and trailer dollies.
REMEX offers its
equipment to small- to mid-size for-hire carriers. All leases are operating
leases - the lessee pays all operating costs, including insurance, tire
wear and other maintenance.
Strong economic
growth, the necessity to upgrade fleets and limited access to capital
make leasing an excellent alternative for companies. Leasing has become
an important tool for Mexican companies. In fact, the demand for trailers
to lease far exceeds REMEX's ability to provide equipment. Lease/rentals
are mutually beneficial for both customers, as they gain access to equipment
with limited capital outlay, and for REMEX, as the return on investment
is excellent.
To learn more about
REMEX, visit http://www.remex-rentas.com.mx.
