Coahuila Sees US$102 Million Investment Boost

Coahuila continues proving itself as an attractive investment destination. The recent inaugurations of the Frontera Industrial Park and Martinrea’s seventh plant in the state represented a US$102 million investment. Governor of Coahuila Miguel Ángel Riquelme presided over both inaugurations, which aimed to strengthen the state's competitiveness.

Automotive supplier Martinrea invested US$85 million in the new plant, which will manage complex stamping and assembly work for the automotive industry. Martinrea focuses on accelerating innovation in metal forming, aluminum casting, fluid systems and flexible assemblies. The new plant is Martinrea’s seventh plant in Ramos Arizpe, Coahuila, and the second stamping plant in the region. Riquelme emphasized that this is the 58th investment the state received in the year, strengthening the state's competitiveness. Riquelme estimated that by the end of his term, the number of investments could reach 60 or 62. He also previously mentioned that Coahuila is the second-largest exporter state and the second safest.

Riquelme was also present at the inauguration of the Frontera Industrial Park, in the municipality of Frontera, Coahuila. This park represented an initial investment of US$17 million. It will cover an area of 88 hectares with 79 lots. 

Coahuila’s Minister of Economy Claudio Bres pointed out that in the last three months, three new parks have been established in the Laguna Region. Authorities are also overseeing projects in Coahuila’s central region and in Piedras Negras, where a new park will soon begin operations.

Roberto Clemente, Mayor, Frontera, mentioned that the municipality has received an investment of US$110 million during 2023, has a skilled workforce, and is located in a state with security that guarantees the arrival of new companies.