Epsilon Electronics Inc. is a company that provide automotive parts to many car makers such as screens, sound systems and speakers. Their headquarters are located in Montebello California and major luxury car manufacturers for the United States are located nearby. This demonstrates how businesses will be located near their suppliers to keep a strong and thorough relationship. For example, banks tend to have their headquarters located around Wall Street; film and television companies are situated in Hollywood.
Many businesses tend to move or situate themselves near resources they need like Epsilon Electronics Inc.; either for material or human resources. Another example, Silicon Valley is extremely close to Stanford University, since it has one of the best computer-science educations in the country and those firms in Silicone Valley tend to hire graduates from Stanford. However, that is not the only reason these companies cluster around other firms. Sometime sellers like to situate near their buyers to create a better relationship and cut costs and save time on transportation. One major example is Wal-Mart, they were situated in a small town in Arkansas and there was nothing there but now, the size of the town has tripled since many sellers want to be close to Wal-Mart, which created jobs and helped increase the standard of living.
Epsilon Electronics Inc. has help attract major car manufacturers to create an office nearby in order to purchase parts for their cars. It is an area that people tend to drive luxury and exotic cars. And Epsilon Electronics Inc. products are high-end quality and usually are installed in luxury cars. Some retailers sell their parts in order for consumers to purchase speakers, screens or sound systems to install in their older cars. They can be bought from retailers such as Wal-Mart or best buy or some local electronic shops. There are some retail offices situated near Epsilon Electronics Inc. since they want to maintain a healthy relationship and keep the comparative advantage within the auto industry. For instance, Epsilon Electronics Inc. has designed specially made products for some car manufacturers to stand out from their competitors and a strong relationship between from seller and producer were able to make that happen. Epsilon Electronics Inc. are known to create amazing and reliable products and car manufacturers truly appreciates such craftsmanship. Especially for luxurious car brands, they only want to have the best in their vehicles and nothing less. Epsilon Electronics Inc. will continue to attract car makers to the area and boom of nice cars on the local roads will definitely increase.