Elamex was founded in 1973 as a contract manufacturer in Juarez, Mexico. The company’s strategy has been to take advantage of skilled/low labor cost and cross-border business trade expertise. For the past 30 years, Elamex has provided custom manufacturing services to many U.S. public traded and private companies. In 2002, the company acquired Franklin Connections, LP (now called Mount Franklin Foods, LLC) which owned the candy and nut operations.

Elamex became publicly traded in 1996. It was the first Mexican company to trade on NASDAQ. The company traded under the symbol ELAM. Effective January 30, 2006, Elamex delisted its common shares traded under the symbol ELAM from the NASDAQ.

Elamex’ majority shareholder is Accel S.A. de C.V. a Mexican company quoted on the Mexican Stock Exchange under the symbol ACCELSA.B