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.
vegetables

A decline in inflation prompts Mexico’s central bank to cut its key interest rate

0
The central bank once again showed its willingness to cut its interest rate even as inflation remains above the 3% target, but this time it indicated that no more such cuts are likely this year.
Todd Blanche

US AG: More charges against Mexican politicians are coming

2
"We've already indicted multiple government officials out of Mexico ... And so that's something that will continue," acting U.S. Attorney General Todd Blanche said in a NewsNation interview on Wednesday.
A sea turtle digs into a sandy beach

Tamaulipas reports a strong nesting season for the world’s rarest sea turtle

0
Authorities in Tamaulipas have counted over 207,000 eggs across 2,307 nests for far this year — an encouraging early tally for the world's most endangered sea turtle.
BETA Version - Powered by Perplexity