Five companies recently announced big plans in Mexico, including two new factories and several major expansion projects.
The projects will generate more than $100 million in foreign investment in Mexico and could create up to 4,300 jobs at export factories across the country.
Motorcar Parts of America Inc. (MPA) announced Friday it will invest $9 million to expand its production plant in Tijuana.
The Torrance, California-based company said the expansion will create 300 jobs. MPA manufactures replacement alternators and starters for imported and domestic cars and light trucks in the United States and Canada.
The Stant Corp., an Indiana-based automotive technology company, announced Wednesday it is opening a new factory in Guanajuato. The $15 million plant will create around 500 jobs.
Stant Corp., which manufactures gaskets, seals and other auto parts, is a supplier of Ford, General Motors, Volvo and Chrysler.
Prime Wheel Corp. announced on Aug. 13 it will be investing $70 million in its auto-wheel production facilities in Tijuana, creating an additional 1,500-2,000 jobs.
Gardena, California-based Prime Wheel Corp. is a manufacturer of aftermarket and original equipment manufacturer automotive wheels.
In northern Mexico, Becton Dickinson (BD), a global medical technology company, announced the start of operations of its new manufacturing plant in Hermosillo on Aug. 18.
The New Jersey-based company will produce medical devices for Mexico, the U.S. and Latin America at the plant. The company invested around $9 million in the facility, which will eventually generate up to 1,400 jobs.
The Emma Sleep Co., a German mattress and sleep accessory manufacturer, recently announced it is investing around $2 million to open a new export factory near the city of Guadalajara.
The new factory will generate 100 jobs in production, logistics and transportation. The company said the new factory will cut down on delivery times across markets in the U.S. and Canada.
Click for more FreightWaves articles by Noi Mahoney.
More articles by Noi Mahoney
China automaker picks Dallas as hub
Pandemic spurs more freight-related job cuts
Mexico’s president wants to revoke operating concession for Port of Veracruz
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now