Tuesday, November 19, 2024

German manufacturer inaugurates automotive plant in Coahuila

The German automotive company BMTS Technology has inaugurated its new turbocharger manufacturing plant in Ramos Arizpe, Coahuila.

BMTS official Gunter Semeja said that because of the support of authorities and conditions for its global growth, the company estimates that the plant will produce two million turbochargers annually for the North and South American markets.

The US $100-million plant employs 500 people.

“These new investments, like this one by BMTS, not only create jobs, they also favor specialization of the workforce, increases in productivity, and the creation of better working conditions,” said Interior Secretary José María Fraustro Siller.

He said the new plant consolidates the automotive cluster of the southeastern region of the state, and that the governor plans to tour China in order to secure other investment projects, as the state has done in South Korea, Germany, Canada and England.

He emphasized the strength of Coahuila’s security forces, as well as its labor reliability, skilled workforce and high educational standards.

“We are among the states with the highest social competitiveness, that is to say, that which has shown the most potential to generate well-being for its citizens through health, education, income and working conditions,” Fraustro said.

“We’re also the second biggest exporting state in the country and the first in exports of transportation equipment,” he added.

Source: El Economista (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
Ismael "El Mayo" Zambada mugshot

At G20 summit, Sheinbaum asks Biden for info on Ismael Zambada’s arrest

0
During their meeting at the G20 summit, President Sheinbaum pressed her U.S. counterpart for further details regarding the Sinaloa Cartel leader's U.S. arrest in July.
Mexico's President Claudia Sheinbaum sitting in a commercial flight looking at an e-reader as she heads from Mexico to the 2024 G20 Leaders' Summit

Sheinbaum flew commercial to the G20. What did other world leaders do?

3
In light of President Sheinbaum's commercial flight to Rio, we look at how her fellow world leaders got to the G20 summit this year.
Male owner of Mexican company Yumari holding an oversized model of a bank check made out to the company for 100,000 US dollars standing next to a woman from the company Encapsulat holding up a check made out to Encapsulat for US $75,000. The pair are flanked at either end by two Saudi officials in traditional headdress and golden robes.

Mexican startup wins a top prize in 2024 Entrepreneurship World Cup

0
The Mexican company Yumari won the top prize in the Early Stage category for its platform linking Mexican suppliers to foreign manufacturers.