CLFD - Clearfield to expand manufacturing capacity in Tijuana Mexico

Telecoms fiber management specialist Clearfield ([[CLFD]] -5.2%) has signed a lease arrangement for added capacity at its manufacturing facility in Tijuana, Mexico.The lease arrangement covers a 319,000 square feet of manufacturing and warehouse center being built to Clearfield's specifications and set to enter prduction shortly after 2022.The facility will help support Clearfield's investments in US production and anticipated future demand of the business. It will more than triple Clearfield's manufacturing footprint in Mexico.The company reported its Q3 earnings last week, with EPS and revenue both beating estimates.

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Clearfield to expand manufacturing capacity in Tijuana, Mexico