In 2022, Nuevo León was strengthened thanks to the attraction of foreign investment derived from nearshoring. North American, European and Asian companies install new plants, carry out expansions in industrial parks and establish new business partners.

Industry Cluster and Automotive Directory share with us the 5 largest investments belonging to the automotive industry. Ternium announced a new investment program from its location in Pesquería, after the successful start-up of its new hot rolling mill in mid-2021, where it plans to expand the production capacities of advanced high- and ultra-high-strength steels.

Consult here: Solili Industrial Report 4Q 2022, historical numbers of industrial demand, grew 12% in 2022

Similarly, in Pesquería, Kia Motors announced that between 2022 and 2024 it will invest 408 million dollars for the growth of its operations. Of this amount, 67 million dollars have already been used for improvements and adaptations of the infrastructure in the production plant.

In Apodaca, Klöckner & Co (KMC) acquired National Material of Mexico ('NMM'), a leading independent service center and materials provider serving the automotive markets in North America with ten facilities throughout Mexico. The parties have agreed to a consideration of $340 million in cash and free of debt.

Also in Apodaca, Tier 1 Forvia arrived in Nuevo León with two new plants. The operation of the Nuevo León campus will be focused on the manufacture of seats and interiors for automobiles with an investment of 147 million dollars.

Of interest: Automotive supplier in Mexico anticipates year with growth and specialization

Cuprum, an aluminum supplier for Tier 1 companies in the automotive industry, will invest 100 million dollars to build three new aluminum extrusion plants in Nuevo León.

Finally, it is said that Tesla is fine-tuning the last details with the government of Samuel García to install a plant in Santa Catarina, Nuevo León. The information is expected to be consolidated in early 2023.

In Solili you can consult industrial warehouses available in Saltillo and Ciudad Juárez

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