In Puebla, the auto parts industry expects two companies to invest US$12.8 million in the expansion of a Tier 1 plant and the installation of another during the first half of 2023.

In this regard, the president of the local National Chamber of the Transformation Industry (Canacintra), Luis Espinosa Rueda, pointed out that the automotive sector is one of those that is having a more stable recovery than other sectors in Puebla, so investment plans begin to resume.

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However, he said that all the projects are expected to be developed next year, when the economy is expected to have a greater recovery, not like today, with uncertainty marked by rising inflation.

Regarding the investments, he said that he could not reveal in detail the names of the companies, but one corresponds to a Tier 1 expansion provider in the municipality of Huejotzingo, and the other would be for a new plant in Ciudad Modelo, in San José de Chiapas, where the Audi plant is located and which has its own auto parts park.

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He pointed out that both projects are proof of the confidence to invest in Puebla, due to the advantages it offers to the industry in terms of logistics for the transfer of merchandise to other points in the center and south of the country.

"Local businessmen and foreign firms that have factories installed in Puebla are showing signs of interest in not stagnating in this pandemic, but rather seeking to have the conditions to invest," he said.

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