Mexico Manufacturing Industry Information Center.
Greatbatch Medical Company will end 2015 with 500 more employees, driven by a new expansion and the creation of a second factory of medical devices. Greatbatch at Tijuana, Baja California, has grown significantly, to the point that there are 1,000 staff associates, said Maria Elena Bermudez, Human Resources Manager. The firm will invest US$35 million to build a second plant to produce implantable medical devices. Bermudez expects that approximately 4.5 million units will be produced by 2015. Greatbatch Tijuana manufactures cardiac rhythm management and neuromodulation devices, as well as implantable orthopedics.
Source: El Economista
Hidalgo's Government has approached brands such as Toyota and FAW, which are looking for Tier 2 and Tier 3 suppliers and are planning to set up vehicle assemble operations in Mexico, as the State prepares to attract new automotive investment. Hidalgo is working to become an investment hub for the development of the automotive sector, through talented and qualified manpower to meet the automotive sector's demand, said the Governor, Juan Francisco Olvera Ruiz, who also stressed that recent investments for the automotive sector amount US$34.5 million.
Source: El Economista
Witin the next 3 years, Mexico will receive FDI valued US$35 billion on average annually, prompted partly by the structural reforms implemented in the country. Deborah Reiner, economist at the American Chamber of Commerce stated that it is the energy reform that will attract the most foreign capital, due to its open policy and reduced tariffs. She also commented that low energy costs have a positive impact in the industry, rendering savings of up to 60%.
Source: El Informador
The first Goodyear's plant built in San Luis Potosi will be built on a US$550 million investment and it will generate 1,000 direct jobs, once it starts operations by 2017. With this factory, the company will provide Premium tires to the North and South American markets. "We anticipate that, along with the increased vehicle production in North America, the demand for Premium tires will grow by 50 million units", said Richard Kramer, Goodyear Tire's CEO. To ensure the availability of skilled labor, the firm will sign agreements with universities and technical training centers in the State. Mr. Kramer said that the construction of the first Goodyear factory in Mexico will start next June.
The investment made by Daimler Trucks for the expansion of its "Ensamble" plant in Saltillo, "signals the confidence that domestic and foreign investors have in Coahuila, and the quality of the State's workforce, whose competitiveness has reached global prestige", said Juan Jose Cornejo Martinez, General Director of Secure Operation, a recycler company that serves Freightliner, (Daimler truck assembler) which is the first plant in the world to reach 200 thousand units produced in six years. Mr. Cornejo said that the success of Daimler Trucks has been based on the recognition that each one of its workers is given, resulting in a sense of belonging and pride for those who work in the company, which also offers very competitive salaries and benefits.
Source: Zocalo Saltillo
The company Tokai Rika, manufacturer of devices such as seat belts and switches, announced the construction of a 15-hectare plant in the municipality of Salinas Victoria with a US$34 million investment over the next three years. Under the name of Tokai Rika Mexico (TRMX), it is expected to begin operations in the fall of 2016. "Establishing a TRMX is part of a strategy to respond more quickly and proactively to the needs of our customers as it strengthens the business presence of Tokai Rika in North America", stressed the company. The firm estimates that this new plant will have US$52 million sales by 2018 and US$126 million by 2020. In addition, it will generate about 200 new jobs by 2018 and 350 by 2020.
Source: El Norte
The German company Bosch invested US$2.75 million in its new Hermosillo, Sonora plant, for a project of regionalization for America, with a goal to enter the North and South American markets. Rene Schlegel, President of Robert Bosch Mexico, informed that the Security System's division has achieved the strongest growth in Mexico, with a 50% increase in sales over the last year. Bosch has 10 factories of electronic, automotive, aerospace, sound, surveillance and electronic security products operating in Mexico, with over 12 thousand employees and sales that topped US$3 billion in 2014, reported Mr. Schlegel. Bosch is surveying the Mexican market, especially the sector addressed by its Hermosillo plant, as 33% of the production is sold locally, leading to an increase in sales. Currently, there are 130 employees at this plant and a major expansion is projected to quadruple its production capacity. Bernhard Schuster, CEO of Bosch in Germany, said that operating in Hermosillo has been a crucial decision for the future expansion of the company, since this location offers experienced workers and excellent conditions.
Source: El Financiero
With a US$85 million investment, the third plant of Hitachi Automotive Systems Mexico was inaugurated. The Governor of the State of Mexico, Eruviel Avila, attended the ceremony. The factory is located in the town of Lerma and it will manufacture high-tech aluminum pistons, to supply to Hitachi factories in North and South America and to reach automotive OEMs from companies such as Honda, Nissan, Mazda, Fiat, Ford, General Motors Volkswagen, among others. This new plant will generate 300 jobs, with a staff of mechanical, industrial and electromechanical graduates of the Universidad Autonoma del Estado de Mexico and the Tecnologico Regional de Toluca. Ohnuma Kunihiko, President of Hitachi Automotive Systems, recognized the efforts of the State of Mexico's government to create benefits to welcome foreign companies, and he said that the company will boost the economic development of the automotive industry in Mexico through the manufacture of new products.