With an investment of 45 million dollars and the direct creation of 350 new sources of employment, the Canadian company Martinrea Internacional inaugurated its fifth factory in Coahuila, in a ceremony chaired by Governor Miguel Ángel Riquelme Solís.

The company settles in the “Chuy María Ramón” industrial park of this city and in his message, Riquelme Solís reiterated the commitment to businessmen to continue creating conditions, since it was said that the next new investment of this company will be made in Coahuila, which would be Martinrea’s sixth plant in the entity.

They point out that Coahuila stands out for its skilled workforce, its loyalty to work and for not having had a single strike in 30 years. “We are the third most competitive state in the country, but due to size and population, we should be number one,” the president said.

“We are fortunate to have more than 100 Canadian companies in our territory and in the current administration, almost a billion dollars of Canadian origin have come to Coahuila. Canada becomes the third highest foreign direct investment country under our government, accounting for 14 percent of our total investment,” he said.

Alfredo Alonso, executive vice president of the company’s Fluids and Propulsion Systems business unit, recalled that the first Martinrea factory in Coahuila was set up 20 years ago in Saltillo, with nearly 300 employees, and that ‘She has steadily expanded her operations to towns like Arteaga and Ramos Arizpe.

Rob Wildeboer, Executive Chairman and Co-Founder of Martinrea Internacional, and Pat D’Eramo, President and CEO of Martinrea Internacional, agreed to acknowledge the support they have from Governor Miguel Riquelme.

José María Morales Padilla, mayor of Ramos Arizpe, said that this new plant is a clear sign of the confidence that investors have in Coahuila and that it reaffirms the industrial potential of the Southeast region.

Present at the inauguration Sandra Shaddick, Consul General of Canada in Monterrey; Claudio F. Ramón, president of Grupo Amistad; Edna Dávalos, local MP, and Claudio Bres, Secretary of State for the Economy, state and municipal officials, university directors and rectors, and Martinrea staff.