Mexico. Protonics, a Korean automotive company, will install a plant in the municipality of Pedro Escobedo, where it will make an initial investment of 4 million dollars.
From this complex, the company expects to add 150 jobs in three stages, according to a statement from the state Secretariat of Sustainable Development (Sedesu).
Protonics President Yang Goo Han said the firm will achieve good results with the help of its staff.
This investment project is part of the global trend of offshoring, said the secretary of Sedesu, Marco Antonio Del Prete Tercero, noting that the state has the four elements that must be met before nearshoring: having room to invest, supplier base, energy supply and talent.
The company, according to the head of Sedesu, will be located in the industrial zone of Las Palmas, joining the 75 Korean companies already operating in the state.
During his remarks, the secretary of state said that the state has attracted $9.1 billion in Korean investment between 2006 and the first quarter of 2023.
Protonics' investment is in addition to the 45 projects that have been completed in 2023, accumulating $1.4 billion in capital, as well as the addition of 12,790 employees.
