Investment Details and Company Background
The new automotive investment in Aguascalientes, Mexico, amounts to 590 million pesos (approximately 31 million USD) and includes the establishment of three plants in the region. This investment underscores Aguascalientes’ position as a strategic hub for the automotive industry and job creation.
- Investment: 590 million pesos (approximately 31 million USD)
- Three new plants added in Aguascalientes
- Aguascalientes has received over 7,865 million USD in Japanese foreign direct investment and hosts 138 companies with Japanese capital, generating more than 66,000 direct jobs and 120,000 indirect jobs.
Government Officials and Company Representatives’ Statements
At the inauguration ceremony, Governor Tere Jiménez highlighted Aguascalientes’ progress in becoming a leading automotive industry state, with over 57,000 million pesos in national, international, and local investments secured during the current administration. She emphasized the commitment to security, legal certainty, infrastructure, and human capital development.
Tadamuri Sano, the company’s CEO, attributed the expansion in Aguascalientes to local talent, business stability, and effective collaboration with authorities. He stated that the new plant symbolizes technological evolution and productivity improvements, strengthening the company’s global presence from Mexico.
Esaú Garza de Vega, the state’s Secretary of Economic Development, Science, and Technology, emphasized the company’s growth in Aguascalientes as a result of trust and collaboration. He reaffirmed the state’s commitment to productive investment and assured that this project elevates both the company and the state to a new level of production with long-term persistence and success.
Key Figures’ Recognition
Kenji Kojima, President of Sistemas de Arneses K&S Mexicana, expressed gratitude for institutional support and acknowledged Aguascalientes as a strategic partner for the company’s expansion.
Event Participants
Notable attendees included:
- Margarita Gallegos Soto, Mayor of San Francisco de los Romo
- Salvador Alcalá Durán, President of the Development Economy, Cooperative Development, Tourism Commission of the State Congress
- Bety Montoya, Local Deputy
- Kenji Ikeda, Vice President of K&S Mexicana
- Emmanuel Alfara, Assistant to the Vice President
- Hideo Okamoto, Aluminum K&S Mexicana Group Manager
- Yohei Shimoda, General Manager of Copper K&S Mexicana
- Agustín Miramontes, General Manager of Aluminum K&S Mexicana
- Fabián Gaxiola, Assistant to the Vice President
Key Questions and Answers
- What is the investment amount and its significance? The investment is 590 million pesos (approximately 31 million USD), which will create over 200 new jobs and strengthen Aguascalientes’ position as a strategic hub for the automotive industry.
- How many plants does the company now operate in Aguascalientes? The company now operates three plants in Aguascalientes, reflecting a long-term relationship based on results, innovation, and shared growth.
- Why is Aguascalientes a preferred location for Japanese investments? Aguascalientes has received over 7,865 million USD in Japanese foreign direct investment and hosts 138 companies with Japanese capital, generating more than 66,000 direct jobs and 120,000 indirect jobs. The region’s stability, local talent, and effective collaboration with authorities make it an attractive location for Japanese investments.