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Bulletin 751 - Friday, March 18, 2016


New companies coming to Queretaro

Governor of Queretaro, Francisco Dominguez Servien, said that there are two projects for the State, one of them with an investment of US$100 million and the other one that will generate about 250 jobs, for a first stage. On this regard, Marco Antonio del Prete Tercero, Minister of Sustainable Development in the State, stated that the interest of the entrepreneurs in Queretaro continues, even under existing local and global economic conditions. Mr. del Prete Tercero informed that there are other investment projects for the manufacturing sector, that are focused on the tertiary industry, which has registered an important growth in the State for the last years.

Source: El Economista

Fujikura establishes its new plant in Coahuila

Ruben Moreira Valdez, Governor of the State of Coahuila, headed the ceremony to lay the foundation stone of the Fujikura’s new plant in the Municipality of Piedras Negras, which confirms its commitment to generate more and better jobs that benefit families of Coahuila. The electrical harnesses manufacturer for the automotive industry will invest US$30 million in this new plant and will generate 850 jobs in a first stage, expecting to reach 2,400 employments. Governor Moreira stated that Fujikura was established in this region thanks to its skilled labor force, the great infrastructure and its good working relationship that is in the State, as well as the high educational level of its workers.

Source: Zocalo Saltillo

Nuevo Leon starts bilateral relationship with the U.K.

Jaime Rodriguez Calderon, Governor of the State of Nuevo Leon, recently met with Duncan Taylor, United Kingdom's Ambassador to Mexico, with the objective of developing bilateral relationships. Governor Rodriguez stated that Nuevo Leon has the appropriate conditions to receive a biggest British investment, for this reason they will grant subsidies, special conditions and other benefits to companies that wish to establish in the State. For his part, the Ambassador Taylor mentioned that they want to increase the participation of British firms in Nuevo Leon. He also announced that the new Minister of Trade and Investment, Mark Ian Price will visit the Entity next April, in order to strengthen the bilateral businesses between the U.K. and Nuevo Leon.

Source: Somos Industria

Nuevo Leon attracts new investment projects

The Ministry of Economic Development (SEDEC) has a 130-project portfolio belonging to the automotive, manufacturing, energy, logistics and food sectors, that are interested in establishing in Nuevo Leon, by investing US$6 billion and generating near of 20,000 jobs. The predominant countries with potential and already established projects are the U.S., South Korean, Denmark, Spain, China, France and Italy, among others. The current administration of the State has shown interest on boosting Mexican companies, including SMEs that contribute with 80% of the investments and job creation.

 

Source: El Financiero

Tlaxcala attracts 16 auto-part firms

The goal set by the State of Tlaxcala is to attract at least 25 supplying firms. It has been achieved the establishment of 16 auto-part firms in the State for the last three years, with the arrival of the Audi's plant in the border of the States of Puebla and Tlaxcala, in addition to the construction of four industrial parks and that ten housing developers seek to build semi-residential housing nearby the region. David Vazquez Cova, President of the National Chamber of the Manufacturing Industry (CANACINTRA) in Tlaxcala, explained that a development pole has arisen in the East region nearby San Jose Chiapa, in the Municipalities of Huamantla, Cuapiaxtla, Ixtenco and Zitlaltepec, which have received Audi's suppliers.

Source: El Economista

Nuevo Leon attracts 20 companies from Japan

During a business trip to the cities of Tokio and Nagoya, in Japan, representatives of the Ministry of Economic Development (SEDEC) in Nuevo Leon, met with executives of 20 Japanese firms, with the objective of attract new foreign investment projects to Nuevo Leon. In the city of Nagoya, they were invited by Toyota-Tsusho, in order to meet with Japanese companies interested in transferring the operations to Mexico to serve their main automotive customers, while other Japanese firms requested the support to carry on their expansion plans. On the other hand, the Nippon Steel Company, which has a joint-venture with Ternium in the Municipality of Pesqueria made a request to Fernando Turner Davila, Head of SEDEC, for a Training Center and infrastructure in this region.

Source: El Economista

General Electric starts the expansion of its plant in Coahuila

General Electric (GE) inaugurated the new facilities of its manufacturing plant, located at the "La Angostura" Industrial Park, Southern Saltillo, increasing from 6,500 to 9,700 square meters, expecting to reach the 16,000 square meters in the long term. According to GE, US$2 million were invested in this expansion, which will generate new jobs with a 30% increase in its workforce, by going from 350 employees to more than 500 in the medium term. The complex includes near of 260 LED-lights supplied by the Start Up "Current, by GE", allowing that the plant reaches the 100 footcandles of homogeneous illumination, the standard required for the manufacture of the product.

Source: Vanguardia

FIBRA MACQUARIE MÉXICO ANNOUNCES SIGNING OF 191,400 SQ. FOOT LEASE IN REYNOSA

FIBRA Macquarie México announced the signing of an approximately 17,800 square meter (191,400 square foot) lease in Reynosa, with Hanesbrands Inc., through its subsidiary GFSI Southwest, a manufacturer of decorated apparel. The lease agreement between FIBRA Macquarie and Hanesbrands Inc. has a term of 5 years. Juan Monroy, CEO of FIBRA Macquarie, said: "With the signing of this lease, the occupancy rate of our portfolio in Reynosa is at nearly 95%, and we welcome clients such as GFSI as they seek to grow their operations in Mexico, supported by our properties and team."

GFSI Southwest, a subsidiary of Hanesbrands Inc. in Mexico, decided to expand its operations to FIBRA Macquarie's facility due to the strategic benefits the location offers. Its proximity to the border enables GFSI to support the distribution of its Champion and Gear for Sports apparel in the United States.

Source: Fibra Macquarie

Pirelli's production increases in Guanajuato

Pirelli's plant, located in Silao, Guanajuato, will produce one more million tires this year, compared to the 2.7 million produced in 2015, for which 324 employees will be added to their workforce. Tom Gravalos, President of Pirelli Mexico, is one of most satisfied with the production generated by this plant, which currently supply its products to Mercedes Benz, BMW, Audi and Ford. With the establishment of its premium customers in Aguascalientes and San Luis Potosi, those figures will continue to grow in the coming years. On the other hand, US$2.28 million were invested in the Local Training Institute in Silao (IECA), where all the people interested in the automotive industry will be trained, including the new operators.

Source: Cluster Industrial

Okuma and Hemaq inaugurate a Technology and Advanced Manufacturing Center

The Hemaq Company and the Japanese firm Okuma inaugurated the Okuma-Hemaq Technology and Advanced Manufacturing Center, in Queretaro, in which processes and services for the automotive and aerospace sectors will be developed. Benito Gritzewsky Kriger, Hemaq's General Director and President of the Mexican Federation of the Aerospace Industries (FEMIA), said that the Company registered a 12% annual growth in 2015 and it is expected a 9% growth by 2016. Currently, the center has 37 job positions of technicians and engineers that will be trained to develop processes required by the aerospace and automotive industries, pointed out Mr. Gritzewsky.

Source: Cluster Industrial

Vuteq Corporation inaugurates new plant in Coahuila

The Japanese firm Vuteq inaugurated a new plant in Ramos Arizpe, in Coahuila. This company was one of the first Asiatic firms that announced their investment in the State for the last years. The ceremony to lay the foundation stone was conducted in mid-December 2014, at the Amistad Aeropuerto Industrial Park. The investment of US$20 million and the generation of up to 400 new jobs were announced during this event, which was attended by Taro Fakuda, President of Vuteq Corporation, and Jun Tazawa, President of Vuteq Industries Mexico. The plant of Ramos Arizpe will produce precision machining, glass processing and plastics for the automotive industry, as well as thermoformed products. Vuteq will supply auto parts for the Chevrolet Cruze, assembled by General Motors in Ramos Arizpe.

Source: Vanguardia