Saltillo continues to be one of the most attractive markets for industrial investment. In the first seven months of the year, it accumulates just over 265,000 square meters of demand, which represents 7.6% of the national total, according to data presented by the Solili real estate platform.
The authorities recently announced the 51st investment project so far this year for the state of Coahuila, with the arrival of the Chinese company Paramount New Materials, dedicated to supplying aluminum for the automotive sector. The estimated investment of 200 million dollars will be used to build a foundry and extrusion plant in the Alianza Industrial Park, in Derramadero.
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Part of the attractiveness evaluated by American, European and Asian companies that arrive at the entity or expand is associated with the climate of security for foreign and national investments, as well as the availability of qualified labor and the existence of political, labor and social stability economics.
The proximity of Saltillo to Nuevo León, specifically to Monterrey, and its sustained development of the productive chains of the automotive sector have been key to promoting the search for industrial spaces on this market. Once the Tesla project in Santa Catarina progresses, the Saltillo market will be key to supplying the industrial and residential demand that will detonate with the progress of the large investment.
The expansions become another strong point of the entity, being the most recent cases that of the companies Mubea, Neapco and GHSP Mexico, to name a few.
The company of German origin Mubea dedicated to the manufacture of fiberglass tension springs for the automotive sector foresees an investment of 57.7 million dollars (mdd) in Ramos Arizpe. For its part, Neapco, an American company, a Tier 1 and Tier 2 supplier to the automotive industry dedicated to the machining of cardan shafts and half shafts for vehicles, will invest 59 million dollars in expanding its operation to meet the demand of the main assembly companies, such as General Motors, Ford , BMW, Volkswagen and Stellantis.
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GHSP-Mexico also began its expansion process in Saltillo, where it will invest 10.2 million dollars to strengthen its presence in the region.
However, these announcements still have to advance in their materialization with regard to specifying the location of the industrial buildings, which would allow raising the amount of accumulated gross demand that has not yet exceeded that registered in the same period of 2022.