Key Details of the Investment and Project
The governor, Tere Jiménez, visited Tokaikogyo’s facilities in the Gigante de los Arellano industrial park, south of Aguascalientes, to review the progress on a $10 million expansion project announced in June during her economic promotion tour of Japan. The project aims to boost the Japanese company’s production by 30% through the installation of a new production line for automotive parts.
Governor’s Commitment to Investments
During the visit, Governor Jiménez reaffirmed her commitment to companies investing in Aguascalientes, stating: “In Aguascalientes, investments find fertile ground to grow, prosper, and bear fruit. This land welcomes the world with pride because we know that to be among the best, we must join forces with the best. We are the strategic center of the automotive industry and the logistical heart of the American continent.”
Nissan’s Move and Tokaikogyo’s Growth
Jiménez highlighted Nissan’s recent decision to transfer several operations from Morelos to Aguascalientes as evidence of the growing trust in the state. This move further establishes Aguascalientes as Mexico’s leading automotive hub.
Project Impact and Local Benefits
The expansion project will increase Tokaikogyo’s production of automotive parts by 30%, strengthening its position in the international market. Half of the new machinery will be sourced from Mexico, supporting local suppliers and fostering growth.
Executive’s Gratitude
Yuichi Kimura, CEO of Tokaikogyo Group, expressed his gratitude to the Aguascalientes state government for their support: “This project is possible thanks to the invaluable backing from the Aguascalientes state government and the Mexican people. We have built mutual trust that enables us to progress and enhance our product competitiveness in the face of global challenges.”
Secretary’s Recognition
Esaú Garza de Vega, Secretary of Economic Development, Science, and Technology, acknowledged Tokaikogyo’s dedication to employee development, sustainability, and community well-being: “We will collaborate to achieve the expected growth in Aguascalientes, ensuring that company developments like Tokaikogyo’s occur smoothly and efficiently so we can tackle the opportunities present in our state, country, and world.”
Key Questions and Answers
- What is the investment amount and its purpose? Tokaikogyo has invested $10 million in Aguascalientes to expand its production capabilities by 30% through a new line for automotive parts.
- Who visited Tokaikogyo’s facilities? Governor Tere Jiménez visited the facilities to review the progress of the expansion project.
- What does this investment signify for Aguascalientes? This investment reinforces Aguascalientes’ position as a major automotive hub in Mexico and demonstrates growing trust from companies like Nissan and Tokaikogyo.
- How will this project benefit the local community? The project will increase production, support local suppliers with half of the new machinery being sourced from Mexico, and foster a collaborative relationship between the state government and Tokaikogyo.
