Guanajuato Secures $60 Million in Investments

Guanajuato maintains its economic momentum by successfully attracting two new investment projects. These initiatives total $60 million and are expected to generate over 400 direct jobs in the municipalities of León and Silao. The state aims to bolster its competitiveness through the integration of strategic projects. Furthermore, these actions are designed to strengthen the productive sector and ensure the continuous attraction of capital.

What are the New Investments in Guanajuato State?

The first project was solidified with the groundbreaking ceremony for

. This South Korean company represents an investment of $40 million. Additionally, the plant will focus on manufacturing hydraulic cylinders and mechanical components.

SHPAC’s operations are projected to create 120 direct jobs. Furthermore, the plant will strengthen the region’s metal-mechanical industry. Its products will be destined for international markets, serving global clients such as Oshkosh, Texes, and CAT.

KTX Automotive Components Strengthens Its Presence

Additionally, the rebranding of KTX Automotive Components took place. This project involves the incorporation of German capital. The consolidated investment amounts to $20 million in Silao. It is worth noting that the operation is located within Guanajuato Puerto Interior.

KTX Automotive Components anticipates the creation of 300 direct jobs. The company is a key supplier for various international automotive brands, including Volkswagen, BMW, Volvo, Audi, Porsche, and Tesla. The company specializes in high-precision plastic components, which are used in vehicle interiors and exteriors. Its operation contributes to the diversification and competitiveness of Guanajuato’s automotive and auto parts sector.

New Investments Align with Guanajuato’s Six-Year Target

So far during the current state administration, 37 investment projects have been finalized. The total value of these investments exceeds $3.146 billion. This figure represents approximately 40% of the six-year target.

These investments are expected to generate over 9,000 jobs in the state. The Government of Guanajuato promotes the creation of opportunities for local businesses and the strengthening of production chains. This is achieved through strategies such as Industrial Connection and the utilization of Prosperity Ecosystems.

The article

first appeared in Líder Empresarial.