XZB to be settled within Hofusan Industrial Park
July 2, 2018
XZB will be the first Chinese company in settling inside the Hofusan Industrial Park, the company that produces auto-parts confirmed the investment of 9 million dollars on a first stage, thus announced Hector Tijerina, Foreign Investment director of the State Government.
“It is a Chinese company originally from the province of Zhejiang, region with which the State Government has had a good relationship and mainly in the business investment of this province which are the ones investing in this Chinese capital Industrial Park in Mexico,” the director assured.
XZB Businessmen gathered with the Ministry of Economy and Labor in the State of Nuevo Leon team, who said that with the startup of this plant 50 person will be employed, although they noted that more hiring could be done as the project develops.
“By manufacturing auto-parts one of their main customers is Volkswagen, therefore the company XZB has anticipated to supply from Nuevo Leon to the plants in Mexico, the United States and South America,” said Hector Tijerina.
It is expected that by the end of 2018 they will be starting their production because the industrial building is already constructed and only adjustments will be done to the infrastructure; likewise, the factory will be supplied with machines from China and the United States.
However, the Foreign Investment director said that the
Government is helping the Chinese company to explore different Mexican supply
options through their Supply Chains program, which supports companies being
installed in Nuevo Leon.