GUANAJUATO - As part of the investment attraction tour of Asia by
the governor of Guanajuato, Diego Sinhue RodrÃguez Vallejo, the governor
announced a new investment by the Japanese automotive company, Nippon Steel,
which will arrive in the municipality of Apaseo El Grande, where the Toyota
assembly plant is located.
The investment of US$71.3 million
is aimed at the installation of a new plant for the production of automotive
steel components, which will create 200 new direct jobs.
Diego Sinhue RodrÃguez Vallejo
thanked the company's executives for their welcome and, above all, for their
confidence in the state to bring their production line.
He also emphasized that this
initiative represents an important opportunity to strengthen trade relations
between Mexico and Japan, as well as to promote the automotive and
electromobility industry.
According to Directorio Automotriz,
the new plant will produce 120 thousand tons per year of automotive steel
sheets for electric vehicles in four production lines (coil and coil slitting).
The steel will be used in structural and chassis components.
This would be the group's second
plant in the state of Guanajuato. In 2014, Nippon Steel inaugurated a US$30
million plant in the municipality of Silao, where they produce 24 thousand tons
of steel pipes for the automotive sector with 370 employees.
This investment is part of Nippon
Steel's plan to become one of the largest steel producers in the automotive
sector in the world, as in 2023 it announced the purchase of US Steel for
US$14.9 billion. Nippon Steel is currently the fourth largest steel
manufacturer in the world, and seeks to produce more than 100 million metric
tons of steel annually.