Protonics, an automotive company of Korean origin, will install a plant in the municipality of Pedro Escobedo in Queretaro, where it will make an initial investment of four million dollars.

The company is a manufacturer of electronic components for the automotive industry, highlighted by the president of Protonics, Yang Goo Han, and plans to add 150 jobs in three stages, said the State Secretariat of Sustainable Development (Sedesu), in a statement. press.

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This investment project is part of the global relocation trend, explained the secretary of Sedesu, Marco Antonio Del Prete Tercero, stating that the state has the four elements that must be met in the face of nearshoring: having spaces to invest, a base of suppliers, energy supply and talent.

The firm – pointed out by the head of Sedesu – will be located in the Las Palmas industrial zone, joining the 75 Korean companies that already operate in the entity.

During his speech, the state secretary said that the state has attracted 9,135 million dollars of Korean investment between 2006 and the first quarter of 2023.

“It is an investment that contributes to the generation of employment in the state, with satisfaction I inform you that in the month of September we reached 701,000 Queretaro residents registered in the IMSS, the cumulative total for the year is 38,913 jobs, compared to all of 2022 we are going 20%”, he specified.

Protonics' investment is added to the 45 projects that have been completed in 2023 and that accumulate 26,715 million pesos in capital, as well as the incorporation of 12,790 collaborators.

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The state has an investment portfolio of 56 companies, which if realized will represent a spill of more than 90,000 million pesos and the demand for 16,000 workers.

In the investment announcement, the president of Pedro Escobedo, Amarildo Bárcenas Reséndiz, highlighted the growth that the municipality has had in industrial development; It currently has four industrial parks.

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