New investments boost the Saltillo industrial market
Solili | September 21, 2022 |

Saltillo has been characterized, during 2021 and so far in 2022, as one of the most attractive industrial markets for the arrival of nearshoring operations, mainly from Asian countries, where the automotive sector is the spearhead of investments.

While in 2020 it ranked sixth in gross demand nationwide, at the end of 2021 it managed to move towards fifth place, exceeding 467 thousand square meters of annual gross absorption, which reflected an increase of 70% compared to the previous year. .

Between January and August 2022, three quarters of the annual demand for 2021 has already been exceeded, so this year we could expect an outstanding performance in this indicator.

Of interest: What are the markets that dominate industrial construction in Mexico?

Already in June 2022 the Martinrea company, one of the most competitive plants in this market with five production locations, announced to open the sixth at the end of the current year or the beginning of the next. They currently occupy 53,000 square meters where they manufacture filler necks, engine cooling boxes, and cooling and vapor lines.

We also saw the laying of the first stone of the 90,000-square-meter industrial warehouse where the Golden Logistics company is dedicated to transportation with an estimated investment of 100 million pesos.

Likewise, the South Korean Posco specializes in the manufacture and supply of galvanized steel sheets for the production of traction motor cores for electric vehicles, estimating a total investment of 136 million dollars over the next eight years, although it is planned to execute a first phase with the plant to be delivered in 2023 and that would consume 43 million dollars of investment.

Recently Hisun had also selected Coahuila to install the new assembly plant that would help meet the growing demand from the United States, on a complex of 140 thousand square meters for the installation of its manufacturing lines with an estimated investment of 152 million dollars.

Check here: 850 thousand m² of industrial space are demanded during July and August 2022

Leadgo, a company originally from China, was another company that bet on this industrial market, locating its plant in Ramos Arizpe from where they plan to manufacture advanced materials for the wind, aerospace and transportation industries and thus serve mainly the American market. The new plant of more than 4 thousand square meters estimates an investment of 5 million dollars.

These are some examples of the strong dynamism reflected in this important market in the Northeast characterized by its proximity to the United States and its accessibility to investment as the main drivers of industrial activity, mainly manufacturing.

Another key factor for the remainder of the year and for 2023 will be the development of the national supply chain that is required to provide inputs to these new industries based in the region, as recently indicated by the Mexican Chamber of the Construction Industry (CMIC).

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