Loading
Balboa, an operating company for Sarasota-based hydraulic cartridge valve manufacturer Helios Technologies, celebrated a significant expansion of a factory in Tijuana, Mexico, earlier this week.
Balboa, according to a 2020 statement from Helios, when it acquired the company, makes “electronic controls for the health and wellness industry with proprietary and patented technology that enables end-to-end electronic control systems for therapy bath and spas.” Helios acquired Balboa, then operating as Balboa Water Group, for $218.5 million in late 2020.
Helios announced the factory expansion in a Tuesday press release, saying it added 68,000 square feet to its existing 198,000 square foot facility “in response to the growth opportunities for products from its Electronics segment.” Officials from both the company and Tijuana were present at a ribbon-cutting ceremony for the expansion.
Subscribe today. Cancel anytime.
Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.
