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Bulletin 753 - Friday, April 8, 2016


Zeon Kasei arrives to San Luis Potosi

The Japanese firm Zeon Kasei has laid the foundation stone of their auto parts manufacturing plant, located at the "Las Colinas" Industrial Park, in the Delagation Villa de Pozos in the State of San Luis Potosi. This Company will bring a US$8.33 million investment and will generate about 1,200 direct jobs. Zeon Kasei Mexico belongs to the automotive sector and is engaged in the manufacturing of car interiors and steering wheels. Luis Carlos Delgado Joseph, Delegate of Villa de Pozos, mentioned that the Company will inaugurate their facilities by 2017. However, he added that this is not the only important investment in the sector, assuring that two more plants are being established in the "Las Colinas" Industrial Park and a third plant is under negotiations in order to be established soon.

Source: Cluster Industrial

Zacatecas announces the creation of an automotive cluster

The Government of Zacatecas confirmed the creation of a cluster that will integrate companies belonging to the automotive sector, including suppliers and academy. The project begins with an investment of US$50 million to start operations of the Korean supplier of auto parts Yulchon, in the State. Miguel Alonso Reyes, Governor of Zacatecas, informed that negotiations reached an 80% progress and estimated that the cluster may be concluded within three months. Yulchon will supply products such as transmission shaft, gas springs, hydraulic cylinders and dampers to companies such as Kia, Hyundai, Mazda, Nissan and Toyota.

Source: El Financiero

Coahuila seeks to attract Hyundai investment

After that Hyundai decided not to be established in Nuevo Leon as planned, Coahuila is seeking to gain the investment of this Korean automaker, which could represent the creation of 4,000 new direct jobs, informed Jose Antonio Gutierrez Jardon, Head of the Ministry of Economic Development, Competitiveness and Tourism (SEDEC). According to Hyundai's executives, Mr. Gutierrez said that the project consisted in investing in Nuevo Leon, or in somewhere in Northern, to benefit from the KIA's same supply chain, so their options were the States of Nuevo Leon, Coahuila and Durango. He highlighted that Coahuila has an advantage over the other states, due that at least 15 KIA's Tier 1 suppliers are already established there. On the other hand, the Head of SEDEC informed that they will be traveling to China to concretize a US$100 million investment, which will represent the creation of 1,000 new jobs.

Source: Zocalo Saltillo

Rocand inaugurates plant in Guanajuato Puerto Interior

The Canadian company Rocand Moldmaking & Injection Molding inaugurated its new plant, located in the Guanajuato Puerto Interior (GPI), where US$4 million were initially invested. This investment project will be extended for five more years, with a contribution of US$8 million and the generation of 200 direct jobs, informed Michel Morin, Operations General Director of Rocand Mexico. Mr. Morin highlighted that this plant will serve the unmet demand of moulds, due that it is a technology difficult to get in Mexico and it has to be got in the U.S. or Germany.

Source: MexicoXPORT

O'Donnell announces the construction commencement of Puente Mexico Industrial

O'Donnell announces the construction commencement of Puente Mexico Industrial Park – Phase I 520,781 SF (48,381.78 m2) multi-tenant industrial park located at the Municipality of Cuautitlan Izcalli, State of Mexico, Mexico. Puente Mexico Industrial Park will eventually consist of approximately 1.5M SF providing extensive expansion options to the industrial park's tenants.

Puente Mexico Industrial Park is located within the Municipality of Cuautitlan Izcalli, State of Mexico, in north Mexico City where the industrial market is distinguished as a primary logistics consolidation hub for Mexico City and Central Mexico for the following industries: Retailers, Consumer products, Food and beverage companies, Third Party Logistic (3PL) providers.

The characteristics of O'Donnell Puente Mexico Industrial Park include: Fully-gated and secure access, class A concrete tilt-up construction, wide boulevards and world-class infrastructure, providing excellent access and maneuvering, reliable power and flexible future expansion options.

Source: O'DONNELL

AstraZeneca to invest in Jalisco

The pharmaceutical Company AstraZeneca, focused on the discovery, development and commercialization of prescription medicines, will invest US$12 million for the establishment of its Global Technology Center (GTC) in the Municipality of Zapopan, in Jalisco. This GTC is going to begin operations in the Andares Corporate by June 2016 and will generate up to 400 jobs. With this new facility, the Company will seek to complement the activities of their first center located in Chennai, India, to meet the needs of the Latin and North America's markets and to have more flexible operations in the 100 countries where the firm has presence.

 

Source: El Norte

Jalisco to receive US$1.1 billion in FDI

The Minister of Economic Development (SEDECO) of Jalisco, Jose Palacios Jimenez, informed that the State expects to receive US$1.1 billion in FDI for this year. Mr. Palacios emphasized that they are working very hard to promote the State throughout the world, in order to attract more companies, resulting in new employment sources and economic development for Jalisco. The State is competing with other Mexican states and other countries, aiming to attract foreign investment, through a good working environment, productivity and commitment of its staff, having a low staff turnover. Some of the companies that will establish this year will be installed in the Industrial Park Lagos de Moreno and others in the metropolitan area of Guadalajara. Most of these firms belong to the automotive industry.

 

Source: Axopolis

ITT to invest in Guanajuato

The American Company ITT plans to invest over US$50 million for a new auto parts manufacturing plant in Silao, Guanajuato, within the next five years. Pasquale Barilla, General Director of the Friction Technologies division, said that these new facilities will expand the ITT global capacity to produce highly-engineered brake pads for the automotive industry. He explained that they chose Silao due its proximity to main OEMs and its high level of local expertise, including reliable partners for the development and construction of the plant. It is expected that the preliminary production starts by the end of 2017 and the mass production begins by the first quarter of 2018, generating near 300 jobs.

 

Source: El Financiero

SuKarne inaugurates a plant in Durango

President Enrique Peña Nieto and Jesus Vizcarra Calderon, politician and entrepreneur, inaugurated the new plant called "Agroparque Integradora SuKarne Lucero", belonging to the 42-year-experienced company, SuKarne. This plant, with a 474-hectare surface located in the Municipality of Tlahualilo, Durango, received an investment of almost US$572 million. It has a lab for the quality and safety certification, in addition to a project for the Holstein calves growth, with a capacity of 52,000 heads per year. The factory will generate 6,000 direct jobs and will have 300,000 head of livestock, making this plant of SuKarne is the largest of its kind in Latin America. The Company has become in the main meat exporter in Mexico, exporting to the markets of Central America, the U.S, the European Union and countries in the Far East.

 

Source: AMPIP

JTEKT Automotive establishes in San Luis Potosi

Juan Manuel Carreras Lopez, Governor of San Luis Potosi (SLP), and Akira Yamada, Japan’s ambassador to Mexico, inaugurated the Japanese company JTEKT Automotive Mexico, an auto parts maker than strengthens SLP as a strategic Entity for the local and international automotive industry. The Company is established at the Colinas de San Luis Industrial Park, in Ciudad Satelite, with a total investment of US$80 million and generating 223 direct jobs for a first stage, expecting to reach the 400 jobs over a period of three years. The plant will produce 900,000 units of electric steering per year for the automotive firms: Toyota, Nissan, Mazda, Honda, BMW, Ford and General Motors. On the other hand, JTEKT Automotive will purchase inputs for the production processes to suppliers from San Luis Potosi, in order to boost the development of the region.

 

Source: Expres

Ford to Make $1.6 Billion Investment in Mexico Plant

Ford says it will shift its small-car production from its factory in Wayne, Michigan to Mexico, a move that will create 2,800 jobs at its new plant in the San Luis Potosi state by 2020. The company is expected to invest $1.6 billion in its new factory in Mexico, where autoworker wages are far lower than in the United States. The Wayne factory, however, will not close once small-car production moves to Mexico in 2018. The Michigan-based factory is expected to see new vehicles produced there. CEO Mark Fields has repeatedly said the automaker remains committed to investing in the U.S. but will not alter its plans to also expand in Mexico. While it did not say what vehicles will be built in the new Mexican plant, Ford made it clear last summer that it planned to move production of its Ford Focus and C-Max hybrids cars from a plant in Wayne, Mich., to another country by 2018, the same year the new plant in San Luis Potosi, Mexico, is scheduled to open. Ford has said it will keep the Wayne plant open by building other models there, possibly a mid-size Ford Ranger pickup and a new Ford Bronco SUV.

 

Source: Reuters