Chihuahua continues to show a recovery in the industrial sector this year, particularly the municipality of Chihuahua has registered about 10 percent more jobs in the manufacturing and maquiladora industries, compared to those at the end of 2020.
The electrical and electronics industries have boosted this growth, even in the midst of the intermittent failures that the electric power service is presenting in industrial areas, which significantly affects equipment and facilities causing delays in production chains.
In June 2021, the state capital reported transactions in warehouses located in the North corridor, for almost 5,000 square meters, of which just over 2,000 square meters correspond to a logistics company, located within the North Logistics Park.
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The city also witnessed the departure of one of its most important companies such as Grupo Yazaki, a company of Japanese origin manufacturer of automotive components established in 1941 whose production focuses on automotive wire harnesses, as well as the development and manufacture of meters, components electronics and a variety of products for automotive use.
Yazaki decided to migrate the plant that it had in the Chihuahua Industrial Complex to Central America, mainly in search of lower production costs, cheaper labor and a different regulatory framework from the one that currently prevails in Mexico, originated as a result of the implementation of the T-MEC.
This movement represented an unemployment of 6.6 thousand square meters, where around 300 workers worked.
So far, the Japanese company is expected to maintain its operations in other municipalities in the state of Chihuahua, as well as in the states of Coahuila and Sonora.
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During the pandemic period, the industrial market of Chihuahua has remained with few demand movements, however, at the end of June some advanced negotiations of spaces were reported, so we hope that during the third quarter of the year they will be finalized.
Chihuahua has established clusters that are vital for the development of industrial activity in the city, however, these have been impacted by the effects of the pandemic, despite this we estimate that once the situation normalizes both in Mexico and In the main countries that invest in this city, such as the United States, Canada, France, Japan, the United Kingdom, among others, the industrial demand indicators are able to take off.
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