Mazda Invests Additional $120 Million in Central Mexico
Commentary by JP McDaris
As Global Post and other outlets have been reporting, the Mexican unit of Mazda is investing $120 million in a new plant to be built in Guanajuato, in central Mexico. This is on top of a $770 million investment Mazda has already made in the Guanajuato state.
The new engine plant will supply to North, Central and South America, and will be the third-largest in the world in terms of machinery production with Skyactiv technology, according to Mazda. Mazda’s commitment to central Mexico has attracted auto suppliers Aki Seat, Daikyo Nishikawa and Tec Keylex, according to the governor of Guanajuato.
Mazda’s move isn’t surprising, given that Volkswagen had similarly set up in Silao, Guanajuato last year. Those of us following the Mexican automotive manufacturing industry are keeping an eye out to see how Toyota reacts to Mazda’s move, as many are expecting the world’s largest automaker to announce their own central Mexico expansion soon.
Source: Global Post