The 51st investment project so far this year for the state of Coahuila was announced, with the announcement by the state governor, Miguel Riquelme, of the arrival of the Chinese company Paramount New Materials, to Derramadero, with a large investment of 200 million dollars.

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The announcement was made together with directors of the company dedicated to casting, aluminum extrusion, mainly for the automotive and solar photovoltaic industries, says Luis Gerardo Rodriguez, director of the company. The project supplies the national market and North and South America, with a generation of 1,225 jobs.

The Chinese company seeks to make the most of the talent of young professionals from the Southeast Region of the state. "Likewise, the issue of sustainability is contemplated, since one of our main commitments is the recycling of aluminum as part of the promotion of the use of clean energy," declared Rodríguez Páder.

The investment is the result of Nearshoring from Asia to the north of Mexico and will trigger the creation of 1,225 new jobs in the Alianza Industrial Park. The plant will be located on a large 78-hectare plot in front of the Daimler complex, according to Directorio Automotriz.

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The complex will start operations in its first phase in December 2024 with two plants, one for casting and one for extrusion, processing aluminum for the manufacture of chassis, bumpers and other components for both internal combustion and electric vehicles.

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

Original note