The arrival of the Chinese company Shandong Weida Machinery to the Laguna Industrial Park, located in Matamoros, Coahuila, with an investment of 15 million dollars, generating 100 new jobs in the region, was announced.

Governor Miguel Ángel Riquelme led the event, noting that Shandong Weida Machinery is a listed company on the Chinese stock exchange that holds 33 percent of the global drill chuck market.

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The Chinese company will install its operations in a 10,000-square-meter warehouse, located on a five-hectare lot in the Laguna Industrial Park. This plant will be the first factory in Mexico dedicated to the manufacture of machinery, focused mainly on the production of drill chucks.

Shandong Weida Machinery is the world's leading manufacturer of tool parts, powder metal, casting, machining parts, and technology.

Governor Riquelme mentioned that this is the forty-fifth company that has established itself in the state of Coahuila. In addition, he announced that two more investments will be announced in the coming days, one of them in Torreón, which will bring the total number of announcements of investment arrivals during his administration in the last 143 days to nine.

Riquelme Solís highlighted that Coahuila is among the five states with the best economic indicators, being the second most exporting state nationwide, just below Chihuahua.

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In addition, he mentioned that the state ranks fourth in competitiveness and contribution to the Gross Domestic Product (GDP), highlighting the certainty in investments and the high level of security offered by the entity.

It should be noted that, in the last month, Coahuila has managed to generate a total of 1,636 new jobs, thus consolidating its growth and attractiveness for investment.

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