AFL expands in Torreón.

Alcoa Fujikura Limited announced an expansion in their operations in Torreón. AFL will employ 2,150 additional workers to satisfy production commitments. The company transferred wire harness production from their plant in Apodaca to Torreón plant, due to productivity and competitiveness issues. AFL is located inside Las Américas Industrial Park, occupying more than 150,000 building space, with a total labour structure of more than 3,000 workers, which will increase above 5,000 workers once the expansion is concluded.

Leoni will establish operations in Laguna Region.

The German automotive leader Leoni, will open an 800 employee production facility in the city of Matamoros, a suburb in the Laguna Region, just 13 km east of Torreón. This operation will be Leoni´s second wire harness production operation in México, after Hermosillo´s location. The production of this plant will cover BMW´s demand in a US location at the Atlantic coast. Leoni remarked the Laguna Region´s availability of labour, cost and distance to US border in the decision during their site selection process.

México wants a more integrated Automotive Industry.

With the priority to increase mexican automotive industry suppliers competitiveness, several organizations of this sector signed the Alianza Automotriz para la Articulación Productiva agreement. Eduardo Sojo, Minister of Economy, informed that this alliance will strengthen one of the most productive, dynamic and successful sectors in México. Sojo recalled that during his last business trip to Japan, automotive assemblies representatives showed their interest to produce auto parts in México, in order to decrease production costs. He remarked that through ProMéxico, the Federal Government will focus to improve productive infrastructure and key sectors like Automotive and Auto Parts Industries. Milenio, 07-05-2007.

México, highly potential within emerging markets.

México, Indonesia, Pakistán and Turkey are the emerging economies of the next generation that may impact global economy, with posibilities of surpassing Brazil and Rusia in terms of economic strength, informed business consultant Grant Thornton International in a recent report. El Economista, 07-05-2007.

“City Under Renovation” in Torreón.

The Municipal Government of Torreón is under heavy duties improving local infrastructure. In coordination with State authorities, city government is developing projects related to logistics, industrial land and services, in order to improve infrastructure for the coming years of development in the area. This constant renovation of the city will allow to offer better service to investors and visitors, transforming the city´s image to a modern and business oriented destiny as well.