Portuguese firm GLN starts injection molding operations in Queretaro

Portugal-based manufacturer GLN last week inaugurated its first plant in Mexico, located at the El Marques industrial park in the central state of Queretaro, where molds and components for the automotive industry will be produced by plastic injection.

The company invested US$ 2.5 million and hired 22 workers to set the operation in motion with a molding workshop and two injection presses, expecting to add more machines over the coming years for a total 11 presses in 2020 and a US$ 5 million sales volume at full capacity.

Marco del Prete Tercero, Secretary for Sustained Development, said records show previous Portuguese investment in Queretaro was made in 1999 and thanked GLN for their trust and confidence to establish operations in the state.

Earlier this month, Jesus Calderon, president of the Tooling Institute of Queretaro, highlighted the state appeals to the manufacture of tooling and molds, as it has 12 international class workshops for automotive and aeronautic sectors, leaving behind the use of foreign workshops.

At a local summit, Calderon mentioned that 26 companies have their own mold workshop, which also represents an opportunity for Small and medium-sized enterprises (SMEs).

Venancio Perez, President of the Plastics Cluster in the State, on the other hand, said that it is necessary to encourage training and qualification of the maintenance and repair staff at the institute, as well as the fabrication of new tooling.

MexicoNow

Related News

Bosch to open a US$ 80 million plant in Queretaro by the end of year

Axtel opens data center in Queretaro as part of a US$ 67.5 million investment

Nachi-Fujikoshi opens US$ 13 million production facility in Queretaro

Panalpina considers Queretaro for a frequent cargo destination