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Home Automotive

LG Electronics opens automotive-focused plant in Coahuila

It will produce advanced automotive components.

T21 Media by T21 Media
28 October, 2024
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South Korean company LG Electronics opened a plant in Ramos Arizpe, Coahuila, in which it invested more than 1.2 billion pesos (mdp), a production center that will specialize in the manufacture of audio, video and navigation system parts for the automotive industry in the region .

The plant was opened in the Santa María industrial park and represents an expansion in the company’s production capacity in Mexico .

This plant will focus on the manufacture of components for audio, video and navigation systems for the automotive industry , and will join the growing automotive supply chain in Coahuila.

During the opening event, Ana Carolina Cano, Human Resources Manager of LG Electronics, expressed her satisfaction with the reception the company has received in the state.

“In the rapidly changing new automotive industry, LG is poised to be a market leader in developing advanced mobility solutions for electric vehicles. We leverage LG’s technological know-how gained over decades of experience in consumer electronics to deliver the most innovative products and solutions to our customers,” said Cano.

For his part, the governor of Coahuila, Manolo Jiménez Salinas, highlighted the favorable conditions that the state offers to investors, such as job stability and security.

“Coahuila has everything companies like LG need to grow; we offer security, rule of law and certainty for their projects,” said Jiménez.

He also explained that the state leads the production of combustion and electric vehicles in Mexico , positioning itself as a key hub in the industry.

Meanwhile, Luis Olivares Martínez, the state’s Secretary of Economy, said that Coahuila offers a solid platform for business growth thanks to its stable conditions and labor talent.

“The opening of this new operation is not only a business achievement, but a source of pride for our people. Each job created strengthens the future of Coahuila families and reaffirms our position as one of the main industrial hubs in the country,” said Olivares.

The LG Electronics plant joins Coahuila’s industrial infrastructure network , which has established itself as a national benchmark in automotive production.

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Tags: Automotiveautomotive industryLG ElectronicsLG RAMOS ARIZPELogistics

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índice de Confianza del Transporte y Logística – Cuarto trimestre 2023 10 destinos de exportación de vehículos pesados 2023 Descubre el Top 10 de destinos de exportación de vehículos pesados en México en 2023 La venta de vehículos pesados rompe récord en 2023 5 marcas de camiones más vendidas