The company of Brazilian origin, Tupy, announced that it will invest 36.8 million dollars to expand its plant located in Ramos Arizpe, Coahuila.

The company specializes in the metallurgical sector and its main clients come from the cargo, agricultural and construction industries, to whom it supplies steel bars, casting and machined components.

Consult here: Forvia inaugurates plant in Nuevo León

In this sense, Fabio Pena, vice president of operations of the organization in Mexico, explained that this project was decided after a long analysis and after assessing all the competitive advantages that Coahuila offers.

"In 2022, our businesses represented an income of 2,000 million dollars in Mexico thanks to the effort and dedication of the collaborators that make up the organization."

Likewise, the manager stressed that in this country they only have a presence in the Coahuila state, and that in the 11 years that he has been in charge of operations, he has been surprised by the quality of specialized engineers in the region.

"Among the first strategies that we will implement to achieve this, the fact that we will increase the recycling of batteries for our sustainability projects stands out," said Fabio Pena.

Of interest: Pre-leases boost Reynosa's net demand during 2023

However, during the next two years Tupy will invest the amount of 7,000 million dollars in Mexico, which will go towards its productivity, safety, environment and maintenance.

Lastly, the executive thanked the state authorities for their support to carry out their projects and said that they will surely continue to invest in the state because it is the best option that any company can choose.

In Solili you can consult industrial warehouses available in Monterrey and Tijuana

Original note