Flex Announces US$100 million Investment in JaliscoBy Rodrigo Andrade | Fri, 06/17/2022 - 16:57
Singaporean automotive company Flex announced the construction of a new 145,000 ft2 assembly plant in Guadalajara, Jalisco, which will function as a critical point for the automotive supply chain in the region. The plant will produce advanced electronics to accelerate the transition to electric and autonomous vehicles.
“We are very pleased that [Flex] just committed US$100 million to Jalisco, which means the creation of 3,000 new jobs,” said Enrique Alfaro Ramírez, the Governor of Jalisco. He also highlighted the importance of this expansion, reaffirming Flex’s status as the state’s leading employer and largest exporter.
Flex offers manufacturing, design, distribution and logistics solutions for the automotive, communications, cloud, healthcare and lifestyle sectors, among others, and is present in 30 countries. Its assembly plant in Guadalajara will modernize its supply chain and advanced manufacturing capabilities, becoming a critical point of touch with clients, explained Rodrigo DallOglio, Director, Flex Latin America. “Innovative and reliable electronic technologies are essential ingredients to usher in the next generation of mobility. Our Guadalajara plant offers advanced manufacturing capabilities, a strong supply chain with global reach and the technical expertise to deliver maximum value to our automotive customers as they pursue their goals toward an autonomous, electrified future,” said DallOglio.
The company is Jalisco’s leading employer and largest exporter. This investment strengthens Flex’s commitment with the region built during over 25 years. Flex now has two production plants in the state, one in Tlajomulco and the other Zapopan.
During an investment promotion tour in Silicon Valley, California, Alfaro boasted the importance that “Jalisco is laying the foundations to become the main engine of Mexico's economy, that is what we want to become.” During 1Q22, the state reported the second largest job recovery and three times the Foreign Direct Investment (FDI) during 1Q21, according to Alfaro.