Industrial Cluster – Martinrea inaugurates its seventh factory in Coahuila with an investment of 85 million dollars

The Canadian company has accumulated investments of $144 million in three factories under the current state administration. The most recent factory will generate 450 jobs and will be dedicated to the stamping of automobile parts.

Ramos Arizpe, Coahuila, September 29, 2023.- Coahuila continues the year as one of the main attractors of foreign investment in the automotive sector by inaugurating the seventh Martinrea factory in Ramos Arizpe. Stamping Plant II required an investment of $85 million and will generate a total of 450 jobs.. This project is the 58th of the year for the state administration.

The Canadian capital company and tier one supplier will produce complex prints and assemblies for bodies and chassis of light vehicle manufacturers in Mexico and North America in an industrial warehouse 32,000 square meters located in the Amistad Industrial Park to Ramos Arizpe, according to Automotive directory.

The President of the State Miguel Ángel Riquelme presided over the inauguration of the second Martinrea printing house, accompanied by the mayor of Ramos Arizpe, José María Morales Padilla; the consuls of Canada and the United States in Monterrey, Sandra Shaddick and Roger C. Rigaud, as well as the directors of the company led by its executive president, Rob Wildeboer.

In his speech, he said that Martinrea made the decision to expand its facilities in Coahuila and expressed his gratitude to the company’s managers and workers. “Currently, the offshoring phenomenon allows the operations of various companies and industries to expand across the entity’s five regions. Coahuila generates the workforce needed by companies wishing to set up or expand.“, he added that he hopes to reach 62 investment announcements or inaugurations during the year during his mandate, which will soon end in December.

The general director of Imprimerie Martinrea II, Nareg Hacatoglu, detailed the characteristics of the company’s expansion and the executive president of the company, Rob Wildeboer, highlighted that the favorable indicators that Coahuila has have been factors in the determination to consolidate the Estampados Plant II and highlighted of the 17 factories that Martinrea owns in Mexico, 7, or almost half, are in Coahuila.

Furthermore, the Consul of Canada in Monterrey, Sandra Shaddick, expressed her joy that a company from her country continues its expansion in our territory, where it benefits from the support and support of its authorities. Previously, the event’s inaugural plaque was cut and unveiled, and at the end of the ceremony, the factory facilities were toured.

Theodore Davis

"Entrepreneur. Amateur gamer. Zombie advocate. Infuriatingly humble communicator. Proud reader."

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