This is the second major investment in the aerospace sector the Sonora government announces in less than a week.
General Electric aerospace division, GE Aviation, plans to build a $400 million plant in Hermosillo, Sonora, to manufacture engine components, El Financiero revealed in recent days citing as source the state governor Claudia Pavlovich.
According to the newspaper of nationwide circulation, the company already broke ground at the Hermosillo Norte Industrial Park, but no further details were provided.
This is the second major investment in the aerospace sector the Sonora government announces in less than a week along with a German-Mexican joint venture which just broke ground also in Hermosillo of a $200 million facility.
Both projects are expected to create 3,500 jobs, said state authorities.
There’s currently 60 aerospace companies with operations in Sonora, which places the state as second place in importance.
Production sites for doors, fuselage parts, harnesses and turbine components are located mostly in the cities of Hermosillo, Nogales and Obregón, as well as the Guaymas-Empalme corridor.
You might also be interested in:
The Netherlands and the agricultural sector have always been closely connected. Some 24% of the world’s trade in horticultural products is in Dutch hands, while 50% of global trade in floricultural products are controlled by Dutch companies. The Netherlands is the world’s number one in greenhouse horticulture, the number one producer of onions, and the number one exporter (in value) of fresh vegetables.
Consumer behaviour and expectations have suddenly leap-frogged and the business must evolve; everyone is playing catch-up. To stay relevant, now is the time to revisit key assumptions of the past.