European automotive firm to invest US $100 million in Guanajuato

A French automotive manufacturer has confirmed that it will invest US $100 million in a new plant in San Miguel de Allende, Guanajuato.

Le Bélier plans to produce aluminum parts such as engine mounts, braking systems and chassis components in the 35,000-square-meter plant, said the state government this week. The company’s client portfolio includes BMW, Mitsubishi, Daimler, Continental and Hitachi.

Governor Diego Sinhue Rodríguez Vallejo, who was in France to visit the company, said the investment spoke of the region’s international reputation. “The old continent has showed its confidence in us through companies with a high level of automation and Industry 4.0 such as Le Bélier, whose project in San Miguel de Allende will be the only one nationwide that brings together all the techniques of aluminum casting through state-of-the-art systems,” he said.

He added that the investment, first announced in June, would create 500 jobs, and that the company’s social outlook aligned with that of his government. “We ensure that the companies that arrive have a high social commitment and care for natural resources. That is the case of Le Bélier, which has an SBT [Science Based Target] certification for the good of our planet,” he said. David Guffroy, CEO of Le Bélier, said investment in Guanajuato was attractive due to the region’s connectivity, highly competitive workforce and local supply ecosystem, Rodríguez reported.

Le Bélier has a workforce of 3,200 people, presence on three continents and 12 production units across France, Hungary, Serbia, China and Mexico. The company entered Mexico in 2000 with a plant in Querétaro. It forecasts sales of more than 290 million euros (about US $343 million) for 2021.

Learn more about why Guanajuato is the ideal option for start-up Manufacturing in Mexico for your business.

Source: mexiconewsdaily.com
If you would like to find out more about this topic or are interested in receiving a complimentary business case analysis for your operation in Mexico, please fill out this form or contact us at:

US toll-free: +1 (877) 698 3905

CAN toll-free: +1 (844) 422 4922

start@americanindustriesgroup.com
Please note that we do not accept job applications here. If you are interested in applying for a position, please visit the following link: https://www.americanindustriesgroup.com/jobs/




Related posts

November 28, 2022
Global Manufacturing Tumbles but Mexico Remains Strong
Global Manufacturing Tumbles but Mexico Remains Strong
Global manufacturing activities have not recovered from the impact of the COVID-19 pandemic and following disruptions, contracting for the third consecutive month in September 2022. The […]
November 24, 2022
Nidec Control Techniques expands Into Mexico
Nidec Control Techniques expands Into Mexico
Control Techniques and Nidec entered the next phase of its expansion plans for global manufacturing. On Wednesday 12th October a brand-new manufacturing facility was opened in […]
November 23, 2022
Mexico increases vehicle production and exports
Mexico increases vehicle production and exports
Carmakers based in Mexico increased production and exports in October this year as supply chain constraints eased, according to the Mexican Automotive Industry Association (Amia). Mexico […]
October 20, 2022
Chinese investment in manufacturing on the rise in Mexico
Chinese investment in manufacturing on the rise in Mexico
Chinese investment in Mexico continues to grow as more and more companies from the world’s most populous nation seek to take advantage of the country’s proximity […]
October 20, 2022
BRP will produce the first electric motorcycles in Mexico
BRP will produce the first electric motorcycles in Mexico
BRP laid the first stone of its new plant for the production of latest-generation electric Can-AM motorcycles and electric batteries, with an investment of more than […]
September 30, 2022
J.P. Morgan ups Mexican economic growth forecast on manufacturing boost
J.P. Morgan ups Mexican economic growth forecast on manufacturing boost
MEXICO CITY, Sept 27 (Reuters) – J.P. Morgan analysts raised their economic growth forecast for Mexico’s third quarter gross domestic product (GDP), as well as for […]