Mexico. The Chinese company Yanfeng Seating, manufacturer of the structure of the seats for vehicles, inaugurated its second plant in Ciénaga de Flores, in the state of Nuevo León of Mexico.
The Asian company invested 23 million dollars in this new plant, planned for the production of up to 800,000 sets of automotive seats for global customers. This will generate 800 new jobs.
In Mexico, the firm also has a presence in Coahuila, Querétaro and San Luis Potosí.
According to the Secretary of Economy of the state of Nuevo León, Iván Rivas, given the growing demand, the multinational plans to open a third plant in the same municipality in 2024.
"And it is that we are strengthening one of the most dynamic industries in Nuevo León, because only in 2022 23 investment projects of the automotive sector were confirmed, representing an investment of US $ 1,064 million and the creation of 7,292 new jobs," said Rivas.
Globally, Yangfeng Seating has 55,000 employees and operations in 20 countries, including China, Germany, India, Japan, Slovakia and the United States.