San Luis Potosí Automotive Cluster and COSTEP Sign Memorandum to Strengthen Binational Industrial Collaboration

As a result of the trade mission conducted by representatives of the San Luis Potosí Automotive Cluster in the Rio South Texas Region, COSTEP (Council for South Texas Economic Progress) and the Mexican business organization signed a Memorandum of Understanding (MoU) aimed at strengthening economic, industrial, and commercial collaboration between the two regions.

The agreement was signed by Adam González, CEO of COSTEP, and Luis Alberto González Olvera, Executive Director of the San Luis Potosí Automotive Cluster. The signing represents an important step in COSTEP’s strategy to build stronger relationships with Mexico’s leading industrial clusters while promoting the capabilities and competitive advantages of the Rio South Texas Region.

This binational economic region includes, on the U.S. side, the corridor stretching from Brownsville to Laredo, and on the Mexican side, from Nuevo Laredo to Matamoros, Tamaulipas.

During the visit, representatives of the San Luis Potosí Automotive Cluster met with economic development organizations, educational institutions, workforce training specialists, and logistics infrastructure representatives. The agenda provided firsthand insight into opportunities related to investment, business operations, talent development, logistics, and industry collaboration.

“This invitation to the San Luis Potosí Automotive Cluster is part of our ongoing outreach to automotive, aerospace, electronics, and medical device clusters throughout Mexico. We want them to visit the region and experience firsthand the opportunities available here,” said a COSTEP representative.

In addition to showcasing the economic potential of South Texas, the mission helped establish connections with one of Mexico’s most dynamic industrial sectors and opened new avenues for collaboration among companies, institutions, and organizations on both sides of the border.

The Memorandum of Understanding establishes a framework for ongoing cooperation, identifying joint projects, facilitating information exchange, and creating networking opportunities between the business communities of both regions.

Both organizations emphasized the importance of working together to identify opportunities that strengthen regional supply chains and expand the participation of companies operating in both Mexico and the United States.

The San Luis Potosí Automotive Cluster delegation expressed its interest in continuing to develop joint initiatives with the Rio South Texas Region and extended an invitation to COSTEP representatives to participate in upcoming business and supplier events in San Luis Potosí.

For both organizations, the memorandum marks the beginning of a strategic relationship focused on driving economic growth, attracting new investment, and advancing greater industrial integration between Mexico and the United States.

Representatives of the San Luis Potosí Automotive Cluster who participated in the mission included Ricardo Pérez, General Director of Indutermica; Fernanda Centeno, Commercial Coordinator at Logistik Industrial Park; Ricardo Jiménez, General Director of Electrotecnia Plus; Mauricio Galindo, Director of Strategic Projects and Innovation at Reis International; and Gustavo Duay, Commercial Director at Peasa.

Sergio Gracia Badiola, President of Mexico Industry, also participated as part of efforts to strengthen business connectivity, industrial promotion, and information exchange between the business communities of Mexico and the United States.

Through this alliance, COSTEP reinforces its strategy of positioning the Rio South Texas Region as a strategic partner for Mexican industrial clusters by leveraging the logistics, educational, workforce, and economic development capabilities that distinguish this border region.