The Japanese Company Will Install a Plant in Queretaro Mexico

The Japanese company will install a plant in Queretaro Neaton
Business - Friday, November 5, 2010 (11:17 hrs)




Invest at least 104 million pesos

The online Financial

Querétaro, Nov. 4 .- With an investment of 104 million pesos for the second half of 2011 will auto parts company Querétaro Neaton Auto Mexicana, which will create 595 new jobs, said the head of the Ministry of Sustainable Development ( SEDESU), Tonatiuh Salinas Muñoz.

Japanese firm said this will be installed in the Parque Industrial El Marques, where it will produce air bags to provide carmakers Nissan, Honda and Toyota.

Muñoz Salinas explained that the investment of 104 million Mexican Auto Neaton made will only be for land acquisition and construction, but for the second quarter of 2011 will generate 595 new jobs for the state.

"This is one of the largest investments have been in the automotive sector for job creation," he said.

In addition, it will generate an economic important for the state, as Neaton Auto Mexicana intends to increase its turnover to $ 40 million each year.

The official said the remainder of this year, company executives will acquire the land and carry out procurement of works, so that in the first half of 2011 will begin building the corporate and operations starting in the second half.

The automotive industry, he said, is an additional investment to announce that are installed in Querétaro, since there are five companies in the aerospace industry, as well as telecommunications.

To close this year, the industrial sector will grow by 9 percent, as though investment began to arrive, you can not sustain an increase in the activity was in the first quarter of 2010, that was 13 percent. (With information from Flor Cardona / CFE)