Asiaway opens plant in SLP
The Chinese company will produce automotive parts in its new plant.
With an investment of 41 million 400 thousand dollars, Asiaway Automotive Components inaugurated the first phase of its new plant in San Luis Potosí, which will generate an estimated 300 new jobs.
The event was attended by the governor of the state, Ricardo Gallardo Cardona, who commented that the state will exceed 3.5 billion dollars in foreign direct investment, which will allow for economic and social growth and development.
"Today Asiaway opens its doors for all the people of Potosí; there is no doubt that thanks to this project, there will be a great economic flow and more job opportunities. The automotive sector continues to trust in our state," said Gallardo Cardona.
The company dedicated to the production of aluminum and zinc automotive components is located in the WTC industrial park with an estimated 23,000 square meters and is strategically located next to Toyota.
The Chinese firm plans to increase its production to become an important leading supplier in the sector; it will continue with an investment of US$372.6 million for its second phase and the creation of 1,700 new job openings.
Asiaway Automotive Components works through a process of die-casting, CNC, machining, cleaning, testing, assembly, warehousing and distribution to Tier 1 companies in San Luis Potosi, as well as the Bajio region and the north of the country.
Finally, the state governor commented that this investment is the result of the confidence generated to foreign companies, thanks to the work in governance, social peace, security, social care policies, health, and education.