An investment of around 40 million dollars will arrive in Reynosa, Tamaulipas, before the end of 2023, through a new manufacturing plant from the company Time Interconnect Technology Limited.
The company with more than 30 years of experience in the electronics industry, will produce copper and fiber optic cables for the telecommunications, data centers, industrial, medical and automotive equipment sectors.
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The announcement was made by the Ministry of Economy (SE) in Tamaulipas, through a statement, which indicates that the arrival of the new factory will also impact the creation of 500 jobs.
The establishment of Time Interconnect Technology Limited was carried out within the framework of the Asia 2023 Business Mission carried out by the Tamaulipas agency in China, to promote the arrival of new companies and highlight the competitive advantages of the state for international trade processes.
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The SE in Tamaulipas Ninfa Cantú Deándar received confirmation from the company's Vice President of Operations Thomas Chaung.
Currently, the company has manufacturing plants in Shanghai, Suzhou and Huizhou in China. It was founded in 1992 and its headquarters are in Hong Kong.
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