staging
Nearshoring boosts industrial market in Yucatan
Forbes | August 25, 2022 |

The relocation or nearshoring in Mexico led to the arrival of Woodgenix, a Chinese manufacturer of kitchens sold by Disney and Home Depot, in three plants in Yucatan, which already operate, in addition to preparing two other factories to install them in the municipality of Kanasín , informed Ernesto Herrera Novelo, Secretary of Economic Development and Labor (Sefoet) of said state.

Woodgenix is one of the 260 investment projects of companies from the United States, China, Japan, South Korea, Germany, Spain, England and France, who see Yucatan as a gateway to North America and Central America, explained the Yucatecan official.

“There are about 260 investment projects in the state and the sectors that are arriving the most are logistics (to supply the Yucatan Peninsula and Central America); today we already have the logistics center of Amazon, Walmart, Oxxo and Coppel, as well as in a few days, the Similar Pharmacies will be inaugurated and Gigante and MercadoLibre will arrive”, he told Forbes Mexico.

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Each of the e-commerce and self-service companies arrived due to the geographical position of Yucatan, an entity that has become an ideal place for them to invest, since there is quick access to the markets, the official explained.

"From the automotive sector we already have two companies in Yucatan, just as we are talking about component manufacturers such as screens wanting to install," he added.

Five companies are currently operating and another five are in the process of building their facilities. The final destination of the products, goods and services is to the United States by the Treaty of Mexico, the United States and Canada (T-MEC), the official explained.

“And companies (from Asia) are coming in and clusters are being formed, specifically for Disney. In other words, everything that is The Walt Disney Resource and integral kitchens are being manufactured in Yucatan and also for Home Depot”, he mentioned.

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The Chinese company Woodgenix produces integrated kitchens in three plants installed in Yucatan for the resorts of the Disney chain and luxury hotel and department consortiums such as Home Depot in the United States, details the Sefoet official.

On July 10, 2019, Woodgenix was incorporated as a company in Yucatan to carry out all types of industrial, mercantile and commercial activity, mainly the import and export of all types of merchandise and goods in general.

Yucatan is growing well above the rest of Mexico, since while the country is growing at 5.9 percent, the state is growing at 8.1 percent annually," said the local president.

In Solili you can consult industrial warehouses available in Guadalajara and Monterrey

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