Image credits: Brose
News Article

Brose to Invest US$20 Million in Queretaro

By Antonio Gozain | Wed, 06/01/2022 - 11:33

Brose will expand its operations in Queretaro with a MX$404 million investment (US$20 million), which will create 110 highly specialized jobs, announced Governor Mauricio Kuri González.

“I met with Thomas Spangler, CEO, Brose, and I am happy to share with you that we have just closed a MX$400 million deal with the German company for the expansion of one of its plants currently operating in Queretaro,” tweeted Kuri.

This is the first investment announcement made during the EU tour undertaken by Kuri, together with Queretaro businesspeople and public officers. The governor informed that he is working to land another investment by the German firm, which is looking to install a new project in the Bajio region.

Brose’s footprint in Queretaro includes three plants, which are dedicated to the production of window regulators, HVAC blowers, cooling fans, electronic brake system actuators, drivetrain actuators, lift gates and seat components.

In the context of the EU tour, the Queretaro pavilion was inaugurated at the Hannover Messe 2022 Industrial Fair in Germany, where the state is promoted as an attractive investment destination. During the inauguration of the pavilion, Iker Jiménez Martínez, Director of Global Economic Impulse, Ministry of Foreign Affairs, highlighted Queretaro as an important investment destination.

During the first day of activities at the industrial fair, Kuri visited the Siemens stand, another company with presence in Queretaro. The governor witnessed the presentation of the tech portfolio developed by the firm, which includes process automation, digitization and electrification solutions.

Queretaro Automotive Cluster Receives ESCA Silver Certification

The Queretaro Automotive Cluster received the silver certification issued by the European Secretary of Cluster Analysis (ESCA), after obtaining the bronze status in 2016. With this distinction, the organization is recognized as a cluster that operates based on international standards of excellence, with correct administration for the benefit of its associates and Queretaro. The state is also recognized as a strategic ally in economic development policy, according to ESCA.

The cluster currently has 113 members, including OEMs, Tier 1s, Tier 2s, state government agencies, universities and technical schools. The cluster’s goal is to build trustworthy relationships and guide companies toward a brilliant future, said to MBN Daniel Hernández, Director General, Queretaro Automotive Cluster: “Today, more than ever, our cluster exists to create synergies that will allow the auto sector to thrive.”

The data used in this article was sourced from:  
MBN, El Economista, Government of Queretaro
Photo by:   Brose
Antonio Gozain Antonio Gozain Journalist and Industry Analyst