Establishment of Leoni’s plant progresses in Yucatan

 The European Company Leoni plans to establish a new plant in the State of Yucatan, with an investment of US$20.2 million and a generation of 2,600 jobs, Leoni’s representatives said during a meeting with the State Governor Rolando Zapata Bello. Ralf Maus, General Director of the Company, highlighted the logistics scheme of Yucatan, as well as its air and sea connection, placing the State as an ideal place for companies, due the facilities to import or export materials and final products to the rest of the world. It is expected that the plant in Yucatan starts operations at the latest June 2017. It will be the fourth plant in Mexico and the third one that specializes in producing electric harnesses for vehicles.