Taiwan-based Hwang Yu Group builds production facility in Jalisco
Taiwan based company Hwang Yu Group, dedicated to the automotive sector, started the construction of its plant at the industrial park “Colinas del Lago”, in Jalisco, the state’s Ministry of Economic Development (SEDECO) revealed.
The investment is valued at US$7 million and it will generate 200 jobs. Chen Jui I., General Director of this company, reasserted the interest of the company in bringing more projects to Mexico, mentioning that there is a great potential market for its products.
Hwang Yu Group has been growing in the field of technological innovation, production, market and service expansion. The company produces steering, suspension and brake components.