Good news for the Mexican region was announced last Friday: Bringing a US$2 billion investment with them, three Asian assemblers from China, Japan and India will be setting up shop in Mexico between 2011 and 2012.
Juan de Dios Barba, Chairman of the Mexican Employers Confederation, Confederacion Patronal de la Republica Mexicana (Coparmex), confirmed the news stating, “We know a Chinese automobile assembler will be established in Mexico; another may be Japanese and one more from India. Scouting groups came to analyze the possibility of installing plants that provide joint production for vehicles, with Chinese capital and Mexican manufacturing”, he said.
Mr. Barba would not disclose the name of the assemblers but he did describe the type of manufacturing processes that will be used and the consumers that will be targeted.
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