Guanajuato Attracts US$2.4 Billion in Investment

The state of Guanajuato has attracted US$2.4 billion in investments over the past nine months, reaching 30% of its US$8 billion goal for the current six-year administration, officials announced this week. The influx comes from 26 industrial projects across key sectors, including automotive, technology, medical devices, plastics, and services. State officials said the projects are expected to generate approximately 7,000 direct jobs in 10 municipalities, reinforcing Guanajuato’s position as one of Mexico’s leading industrial destinations.

Eighteen of the projects represent new investments, while the remaining eight involve expansions of existing operations. The projects span the municipalities of Irapuato, Silao, León, Guanajuato, San Miguel de Allende, Abasolo, Celaya, Apaseo el Grande, Romita, and San José Iturbide, according to the State Ministry of Economy.

“This achievement underscores Guanajuato’s competitiveness and its appeal to both domestic and international investors,” the ministry said in a statement. “We have the infrastructure, the legal certainty, and a skilled workforce that continue to inspire confidence.”

Beyond job creation, state officials emphasized that one of the government’s priorities is to integrate local MSMEs into the supply chains of larger corporations, with the goal of strengthening the state’s economic and social fabric. The government also views this investment momentum as a catalyst for sustainable development, aiming to position Guanajuato as a national hub for advanced manufacturing and technology.

State officials attributed the progress to strategic planning, legal stability, and favorable business conditions. They said the current performance puts Guanajuato on a firm path toward becoming a national benchmark for foreign direct investment and industrial prosperity.

An example of Guanajuato investments is Japan's firm SK Tec, which recently completed a US$19.8 million expansion of its manufacturing plant in Irapuato, aimed at increasing production capacity and reinforcing its position as a Tier 2 supplier in Mexico’s automotive sector. The investment adds 80 new specialized jobs to its workforce, which currently numbers 200 employees, reported MBN. 

SK Tec began operations in Irapuato in 2013 with an initial investment of US$5.5 million. The company manufactures automotive components such as interior parts, hoods, doors, and seats, using stamping, welding, assembly, and plastic injection processes. With the new expansion, the plant now has the capacity to produce up to 12 million parts annually and reports annual sales exceeding US$21.7 million.