VestaPark to invest in Puebla
The VestaPark Real Estate firm started the construction of the complex named VestaPark Puebla I. It will be located in Huejotzingo, Puebla, with an investment per US$50 million over the next three years. This park will have six buildings for rent on a 23-hectare area surface. The space is needed in order to serve the automotive sector suppliers that may need to be located near the Audi plant in the municipality of San Jose de Chiapa. It is expected that the works will be started by 2016 and the buildings will be ready to be rented within the next three years. The first buildings will be available by late June, 2016. About 1,000 jobs, mainly for citizens living in the surrounding area, will be created during the construction stage.
Audi Mexico inaugurates stamping building
Audi Mexico has inaugurated the stamping facility in its new plant located in San Jose de Chiapa, Puebla. This is where the Audi Q5 production will start this year. The press line of Audi Mexico processes steel and aluminum and is adapted to the corresponding shaping processes. This press line will produce up to 60 aluminum sheet and steel coils per minute. Audi Mexico will inaugurate its number 13 plant around the world by the second half of 2016. With the inauguration of the Audi Q5 production, the plant will reach a work force of 3,800 positions.
Spanish manufacturer to open new plant in Tlaxcala
The Spanish Company Antolin, an auto parts manufacturer, will establish a new plant in the Xicohtencatl II Industrial Park, in the municipality of Huamantla, Tlaxcala, by early 2016. The Company will invest around US$53.75 million there and will produce auto parts to supply Audi and Volkswagen. The plant will generate 300 direct jobs in the beginning stage. The Company has started the hiring process and some staff are in the training process at their plants in Europe. Meanwhile, in Mexico, Grupo Antolin has a presence in Silao, Guanajuato; Puebla; Hermosillo, Sonora; Saltillo; and also in the locality of Derramadero, Coahuila.
Simec to invest in a new plant in Tlaxcala
The Grupo Simec steel company announced the establishment of a new plant in Mexico with an investment of US$600 million. The goal is a production capacity of 600,000 tons of special steel. The new facility will be located in the State of Tlaxcala and it is projected that operations will be initiated by late 2017. The plant will produce large-diameter round bars and wire rod, among other products. The operation will replace the production of the largest steel companies in Mexico, AHMSA and ArcelorMittal, which have been affected by steel imports, mainly from Asia.