CMX NORTH AMERICA INC.
Incorporated in 2012, CMX North America Inc. was conceived to seamlessly bridge the gap between global excellence and local precision for OEM customers. Our comprehensive suite of services, including Just in Time Deliveries, Local Sales Support, Technical Assistance, and streamlined Communication, allows us to transcend geographical boundaries and time zone differentials
Our commitment to excellence ensures that we not only meet but exceed the expectations of renowned clients such as Daimler Trucks, Cummins, SAF Holland, First Brands Group, Tenneco, Carter Fuel Systems, and more. As we set our sights on expanding our footprint in the USA, Canada, Mexico, and Brazil, our focus remains steadfast on delivering top-notch products in the realms of Truck & Trailer Suspension, Oil Filter Gaskets, Passenger Car Suspension Components, and various Seals & Gaskets.
CMX North America Inc. stands as a testament to the ingenuity of the same management that propels our primary manufacturing entity in India, Climax Overseas Pvt. Ltd. As the principal supplier to our ventures, we ensure a seamless integration of global capabilities and local expertise.
In our pursuit of growth and market leadership, we are seeking to fortify our Working Capital to sustain and propel our operations. The infusion of funds will be strategically directed toward optimizing our Inventory and bolstering our positions with debtors. With a conservative sales projection of USD 7.50 million in 2024, underpinned by existing contracts, ongoing projects, and prospective negotiations, we anticipate a fundamental need for USD 4 million to navigate payment terms ranging from 120-180 days with customers. This financial injection will also underpin a prudent inventory strategy, providing us with a 2-3 month safety stock at our 3PL warehouse, thereby ensuring the reliability and agility of our Just in Time Deliveries.
Join us on this exciting journey as we shape the future of CMX North America Inc., a company poised for growth, innovation, and unparalleled success in the dynamic landscape of automotive solutions.
