The Hofusan Industrial Park, in the municipality of Salinas Victoria, Nuevo León, continues to attract Chinese companies. Daye, which specializes in the production of power tools and smart garden products, will invest $120 million in a plant that will employ 2,000 workers.
James Ye, president of Daye, told the press that they chose the state of Nuevo Leon after having seen many options in Southeast Asia, in Bangkok, in North Carolina, outside China and Singapore; this was the best location for the industrial park, “the whole environment we checked”.
“The global market is strong and growing. Daye’s investment in Mexico is intended to continue expanding our growth in the North American market. North America remains the world’s strongest market for outdoor electrical equipment,” he said.
This is the first plant they will build in Mexico, which consists of two stages, in the first it covers an area of 50,000 square meters and in the second phase it will be 100,000 square meters.
The company’s headquarters are in China, and they have a presence in Hong Kong, the United States and Europe. Daye is one of the world’s leading manufacturers of outdoor electrical equipment, such as lawn mowers, tractors, blowers, thread mowers and other lawn equipment.
It is worth mentioning that the Hofusan Industrial Park is close to three canals: National Highway 85D, Highway No. 1 and the main freight railway line. Each channel can connect Monterrey with major cargo destinations.
In turn, Raúl Cantú, mayor of Salinas Victoria, stressed that this municipality occupies the second place with the highest attraction of foreign direct investment (FDI), this has generated an accelerated growth of the population. According to the Census of Population and Housing of the INEGI, there is a record of 86,000 people, however, the figures of the municipality indicate that the population has grown to 180,000 people.
Currently, they have technical high schools, however, they are reaching an agreement with the Autonomous University of Nuevo León (UANL), to have a university, which specializes in engineering with terminal lines in Logistics and Information and Communication Technologies.
China accounts for 30% of investment in Nuevo León
Iván Rivas Rodríguez, Secretary of Economy of Nuevo León, told the press that in the third quarter of this year, “China represented 30% of the FDI that arrived in the state, the United States 20%, Germany 22 percent. There are 101 investment projects, we know that in five years they will generate more than 50,000 jobs, according to data with their own registration, “said the official.
He considered that China, as a country of origin, brings strong investments. “Today is 120 million dollars, with the creation of 2,000 jobs. Furniture maker Man Wah to invest $300 million; Kuka(robotics, software and service) carries more than 250 million dollars.
So far, we have 101 projects in the investment portfolio, which have already said yes, and confirmed their investment or expansion,” concluded Rivas Rodríguez. “Right now, Salinas Victoria is the second municipality with the greatest investment attraction, Apodaca is the first and Ciénega de Flores is number three.
Source: Mexico Industry