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Vertiv to Create Hundreds of Jobs in New Integrated Test Lab and Manufacturing Facilities in Mexico

Vertiv adding capity and engineering talent to serve growing data center industry

Monterrey, Nuevo León, Méx. [July 19, 2022] – Vertiv (NYSE: VRT), Vertiv, a global provider of critical digital infrastructure and continuity solutions, announced the opening of a state-of-the-art test lab and manufacturing and thermal plant located in the city of Monterrey, Nuevo Leon, Mexico, that is projected to create hundreds of new jobs throughout 2022 and 2023.

According to Felipe Sandoval, global vice president of industrial transformation, and Dayana González, director of GBS, the company expanded operations to meet the rapidly growing demands for data center infrastructure resulting from trends such as digital transformation and the associated build-out of hyperscale facilities. Vertiv has built a strong ecosystem in the area, with talent from the local universities, Vertiv’s new engineering center, labs, and plant working together to deliver world class solutions to Vertiv customers.

In the photograph from left to right: Sergio Argüelles, president and CEO of FINSA; Iván Rivas Rodríguez, Secretary of Economy of the Nuevo León government; Jason Forcier, chief operations officer at Vertiv; Felipe Sandoval, global vice president of industrial transformation at Vertiv; and Giordano Albertazzi, president of Vertiv Americas.

The thermal plant, which will focus on production of large data center cooling systems for hyperscale customers, is about 40K square meters on a field of about 88K square meters. The opening ceremony of the thermal plant on 13 July was attended by customers, employees and local guests, as well as Giordano Albertazzi, president of Vertiv Americas; Ed Monser, Vertiv board member; Sergio Argüelles, president and CEO of FINSA; Jason Forcier, chief operating officer at Vertiv; and Sandoval.

The test lab was opened in a ceremony in June, attended by Vertiv corporate executives Lorenz Hoffman, global vice president of modular solutions and custom air management; John Niemann, vice president of thermal management; and Forcier, who cut the ribbon for the inaugural event.

Forcier explained that the engineering jobs, the largest number of  new positions, will focus on talents who are professionally trained and experienced in power distribution and cooling solutions; design of new products to improve energy efficiency, capacity and footprint; development of technology in alternative materials and refrigerants; and rack power distribution and integration. The jobs will take advantage of skill sets in CAD/BIM, as well as analytical modeling in CFD/FEA.

Market, Growth, Plans and Projects

Regarding the brand's growth plans, Forcier said that “the intention is to continuously expand Vertiv's market presence in the region, supported by this Center of Excellence for Manufacturing in the Americas.”

Forcier stated that “growth in the Americas is key to supporting Vertiv’s initiatives and sees the strategic location of the new facilities as vital to serving both North America and Latin America.”

About Vertiv

Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Columbus, Ohio, USA, Vertiv employs approximately 24,000 people and does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27 of the Securities Act, and Section 21E of the Securities Exchange Act. These statements are only a prediction. Actual events or results may differ materially from those in the forward-looking statements set forth herein. Readers are referred to Vertiv’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q for a discussion of these and other important risk factors concerning Vertiv and its operations. Vertiv is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT

Cristina Valezzi
P +55 55601000
E cvalezzi@infosol.com.mx

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