Guillermo Romero Pacheco, Secretary for the Economic Reactivation of León, says that the companies will invest close to 400 million dollars in two years.

China is no longer the manufacturing center for 15 companies of German, Japanese and American origin, which will invest nearly 400 million dollars in León and El Bajío in Mexico over the next two years.

This relocation of the companies is due to the intention of complying with the new rules of the Treaty between Mexico, the United States and Canada (T-MEC), as well as no longer paying high prices for transportation and no longer depending on the maritime industry.

“There are around 14 to 15 projects in the investment portfolio (from German, Japanese and American companies) for the municipality of Guanajuato, but there is not one that is particularly from a Chinese company,” reveals Guillermo Romero Pacheco, secretary for the Economic Reactivation of León.

German and Japanese companies take advantage of this moment to comply with the new trade rules of the T-MEC, especially the integration content of 75%, says the government official of the municipality of León.

Mazda imported some parts and auto parts from Japan, China, Singapore and other Asian countries, but now its suppliers and other companies will land in Mexico so that “they have the regional birth certificate and comply with the integration factor,” he tells Forbes Mexico .

“Some suppliers from Asia are arriving to settle in León, but they are linked to the same automotive factories,” says the former director general of the Coordinator for the Promotion of Foreign Trade of the State of Guanajuato.

The projects in the portfolio represent an investment of between 350 million dollars and up to 400 million dollars, which will be closed and tied up in the next two years, says the economist who graduated from the Tecnológico de Monterrey.

According to the secretary, among the investment projects are those that bet on the automotive industry and auto parts, as well as services and wholesale sales.

“At this time there is not particularly any request or investment project with Chinese capital in León,” adds Guillermo Romero Pacheco.

Companies of Chinese origin have been operating for many years or have joined forces to produce soles, accessories, hardware and auto parts, he adds.

In the automotive sector, in the last five years, between 2 and 3 companies with Chinese capital have arrived to be suppliers to the automotive industry in León, the official points out.

The presence of China in San Luis Potosí

“I am aware that 4 Chinese companies have arrived in the Bajío in the last two years, especially in San Luis Potosí,” says David Novoa Toscano, president of the Association of Industrial Supplier Companies of Mexico (Apimex).

The companies of Chinese origin and capital are dedicated to the production of auto parts for assemblers such as BMW and General Motors with a strong presence in San Luis Potosí, says the businessman.

More and more companies are looking for Mexican products, although a large percentage of Mexico’s exports go to the United States, today companies want and are looking for more local suppliers and there is an issue known as nearshoring.

US entrepreneurs and companies want the product in two days, because it is no longer profitable for them to wait up to six months for containers imported from Asia to ports such as Long Beach in California, Novoa Toscano points out.

“Wait six months to have product in the United States, because it is a world of time in one of the countries with the highest consumption of goods and services worldwide”

SOURCE: Forbes

MEXICO – The Mexican aerospace sector is losing around US$3 billion due to the costs generated by the importation of aeroparts; in addition, it could compete with world leaders in this industry, such as China, Turkey and Japan, by generating an integrated chain of raw material suppliers.

Sixty percent of the cost structure of aeronautical manufacturing companies is allocated to the purchase of raw materials, since purchases are made on an individual basis.

“In Turkey it takes them approximately 36 hours to make a quotation because they have a developed supply chain that serves them to lower costs and reduce response time. Mexican companies must unite to compete not among themselves, but as a country; competitive nations have already understood this,” said Manuel Mancera, CEO of SpeQtrum Aerospace, a leading aerospace manufacturing company in Guanajuato.

The aeronautical sector is characterized by a highly complex production process, with a vertical structure dominated by original equipment manufacturers (OEMs), which develop the design of the final product and delegate the manufacture of the modules for the rest of the production process to suppliers. For example, Boeing and Airbus.

According to the Ministry of Economy, global outsourcing allows OEMs to save between 20% and 30% of their production costs. These supplier companies are the most critical component of the value chain and face stringent barriers to entry, including high costs related to technological requirements, training and certifications.

In Guanajuato, companies in the industry are segmented into the Bajío Aerospace Cluster that seek to support each other to be competitive as a group.

“Our intention is to create a synergy of local and regional capabilities. We have to promote the sector and it is very important to achieve a well-integrated supply chain that generates alliances. Then we will be able to take it to the country level because we have many capabilities, so as entrepreneurs we have to work together,” stated Cluster president Oscar Rodriguez Yanez.

Those involved in the sector consider the need to stop depending on raw materials from the United States and form an aerospace ecosystem that allows them to offer special processes and more complete quotation packages.

“We need to connect through the Mexican Federation of the Aerospace Industry (FEMIA) and the Clusters, to buy raw material or the machines required to expand, and to make business plans,” added Manuel Mancera of SpeQtrum Aerospace.

SOURCE: Mexico now

VERACRUZ – Constellation Brands is preparing its plant in Veracruz. The company reported that it will invest US$1.3 billion in the southeastern Mexican state in the next four years, resources that are part of the US$5.5 billion it will invest in all its operations in said period.

The plant of the company that distributes Grupo Modelo’s brands in the United States will be located in the municipality of Veracruz, in the Antigua Hacienda de Santa Fe, Neveria, and will have a water source independent from that of the city.

Constellation Brands detailed that the location for this plant was determined due to favorable conditions for the industry, such as transportation infrastructure, one of the most prominent seaports in the region and access to highly skilled labor.

During the construction stage of the brewery in Veracruz, more than 2,000 jobs will be generated, as well as 10,000 indirect jobs, which will boost the local value chain.

“The company has updated its plans to invest in the upcoming capacity expansion in Mexico that will provide the long-term flexibility needed to support the expected future growth of its portfolio of high-end Mexican beers,” the company said.

In the document, Constellation Brands detailed that the new plant will add between 25 and 30 million additional hectoliters of total capacity and also considers the expansion and continued optimization of the company’s other plants in Nava and Obregon.

Source: MEXICO NOW

The company ABC Technologies announced that it will invest 40 million dollars to expand its plant located in the southeast of Coahuila, specifically in Ramos Arizpe.

With this project, 170 jobs will be generated directly and will allow them to continue exporting and manufacturing automotive components and systems.

During the event, plant managers toured the new facilities to publicize the processes they have, such as interior and exterior systems, air induction systems, and in the same way they explained what each of them consists of. they.

Likewise, Francisco Calderón Pérez, general manager of ABC Technologies, highlighted that they are one of the main producers of plastic injection in North America; In addition, they have a worldwide presence, especially in Europe and Asia.

This expansion takes place four years after they arrived at the entity, which will also allow them to have 53 additional injectors than they already have and, in this way, increase their production capacity, which is from 250 to 1,800 tons of components.

The manager emphasized that they have complete integration for their clients, so one of his goals is to be closer to them in order to consolidate their presence in the area.

The factory is located in the Finsa industrial park and its arrival in the state took place in 2017.

SOURCE: Mexico Industry

NUEVO LEON – The German company Bosch, informed that it will invest US$260 million in a new plant in Nuevo Leon, which is positive because it means that international corporations trust in the state, commented the state Secretary of Economy, Ivan Rivas Rodriguez.

At the same time, the home appliance manufacturer informed that it will install a new refrigerator manufacturing plant. Construction will begin in the summer and production is expected to start in mid-2024, generating 1,500 jobs.

The new plant will be able to produce up to 600,000 large-size refrigerators annually in an area covering 430,000 square meters, and is located in Monterrey.

On the other hand, Ivan Rivas, commented that they expect to close the first quarter of 2022 with a Foreign Direct Investment (FDI) of between US$1.3 and US$1.5 billion, which will be the figures registered with the federal Ministry of Economy.

“He added that there are 20 firm investment projects, with capital from Japan, South Korea and China, however, we cannot ignore the presence of the United States, which has a very important part in the investment, we will soon make public the data of the companies, as we did at the time with Ternium and with a Chinese furniture company,” he said.

He added that the KIA Mexico assembly plant has mentioned that they want to continue growing in Pesqueria, although he does not have further details.

SOURCE: MEXICO NOW

With an investment of 170 million dollars and the generation of 1,024 jobs, the Metalsa company laid the first stone of a new plant in Apaseo el Grande, Guanajuato, in order to supply the Toyota assembly plant. It will manufacture chassis for the Tacoma truck that is built at the plant in Guanajuato and Baja California.

This factory will be located within the supply complex of Toyota Motor Manufacturing Guanajuato, it is part of the conglomerate of companies that settle in the area to serve as Tier1 suppliers.

This plant is part of the automotive metal auto parts division and is the only one located outside the North of the country.

In a 63,015-square-meter plot of land, Metalsa will manufacture a volume of 270,000 chassis units per year and will start production in November 2023.

Juan Francisco García, president of Toyota Motor Manufacturing Guanajuato, stated that one of the main objectives upon arriving in this region was to promote economic development and create sources of employment, as active members of the community.

“Metalsa remains committed to our alliance and seeks competitiveness in the business, an example of this is the construction of this plant. They have demonstrated their commitment to technological innovation and optimization of industrial processes”, he commented.

He highlighted the quality of the labor force in the region and the impact of the employment opportunities that will be generated around the providers that are about to arrive in the area.

SOURCE: Mexico Industry

After analyzing different states of the Mexican Republic, Hisun, a company of Chinese origin, opted for the city of Saltillo, Coahuila, to install its manufacturing plant.

In it, it will manufacture its all-terrain vehicles, popularly known as Razor, which will be assembled in the entity to serve the North American market in the face of growing demand.

The amount of investment will be for 152 million dollars, with which 1,500 new jobs will be produced in its first stage.

Jason Sun, owner of the company, said that it was a special day for the start of its operations in this country. Likewise, he highlighted that they have more than 15 years of experience in the automotive industry and due to the quality of their products, they have been able to expand to the sports industry and agribusiness.

“Our installation process will be in three stages, which will end in 2024. In this region we find a series of factors that benefit our interests, such as a qualified workforce, a competitive supply chain and its geographical location,” he stressed. he.

He thanked the authorities for their support in the area’s exploration process, for which he promised to contribute to the economic development of the city and predicted good times for the firm, which will seek to consolidate in Coahuila.

In his speech, Miguel Ángel Riquelme Solís, governor of Coahuila, said that the generation of jobs is a constant in the economic reactivation that the state is going through, for which he highlighted the teamwork of his administration to generate the best conditions for those who want invest in Coahuila.

He concluded that he will continue to focus efforts on producing a skilled and reliable workforce so that any company that arrives in the region can carry out its activities without any problem.

SOURCE: MEXICO INDUSTRY

The company ‘La Z Boy’ confirmed an investment of eight million dollars in Torreón, Coahuila, for which it will be generating 520 direct jobs. With this, the American company will strengthen the Furniture Cluster in the region.

Miguel Ángel Riquelme Solís, state governor, told the brand’s executives that Coahuila has a qualified workforce so that they can achieve their objectives as a sector and in the global market.

“The Cúster Mueblero is a reality in Coahuila, it is necessary to continue to be the best. La Laguna’s workmanship is recognized. Today the entity has new areas of opportunity, new routes of economic development are being opened and the Comarca Lagunera is taking advantage of them ”, he assured.

For his part, Gustavo Galindo, director of Human Resources at La Z Boy, explained that the team that leads this company and its collaborators will generate good ties in Torreón, especially in Parque Torreón 2000, where the fourth plant in Coahuila and the sixth in the country.

“On behalf of our vice president, Shane Gamble, I appreciate the synergy we have achieved with state and municipal authorities,” said the executive.

He warned that they are here to stay and expect a success, and that they will hire 600 people from Coahuila and provide them with security and competitive employment.

The following attended this event: Eduardo Olmos Castro, deputy president of the Governing Board of the State Congress; Tereso Medina Ramírez, Secretary General of the CTM; Jaime Guerra Pérez, Secretary of the State Economy; and Ernesto Llamas, partner of Parque Torreón 2000.

SOURCE: Mexico Industry