Mexstamp to build second plant in Aguascalientes

AGUASCALIENTES - Mexstamp has announced an investment of US$3.5 million for the construction of its second plant in the Chichimeco Industrial Park in Aguascalientes, as part of its expansion in stamping, molding and stamping of auto parts.

This project will increase the company's production capacity and sales by up to 40%, in addition to generating new jobs that will strengthen the local economy.

Víctor Hugo Olvera Jiménez, president of Mexstamp, highlighted the quality of the work carried out in the state and thanked the state government for its support.

“Our company is a clear example that what is made in Aguascalientes is well done. We want to continue contributing to the state's economy and the well-being of its people,” said Olvera.

Victor Sanchez, CEO of the company, explained that the new plant will have more than 4,000 square meters, which will allow the company to expand production for the automotive sector.

During the official ceremony for the delivery of the letter of commitment to invest, Governor Tere Jiménez expressed her satisfaction with the growth of local companies and reiterated the support of the state government.

"It is a source of pride that they are from Aguascalientes, I congratulate them and count on us so they can respond to market demand,” said the governor.

She also emphasized that the confidence of domestic and foreign investors reflects the favorable conditions offered by the state for business growth.

For his part, Esaú Garza de Vega, head of the Secretariat of Economic Development, Science and Technology (Sedecyt), offered Mexstamp various financing programs and strategies for the development of local suppliers and talent, underscoring the authorities' commitment to strengthening the business sector.

The event held at the Government Palace was also attended by Jorge Armando Andrade Serafin, Undersecretary of Investment and Development, together with members of Mexstamp's board of directors, who celebrated the agreement that consolidates this expansion in the state.