Mexico. Sumitomo Electric Wiring Systems will become the first Tier 1 company in the automotive sector to settle in the state of Tabasco, where it will manufacture harnesses and generate 700 new direct jobs.
The governor of Tabasco, Carlos Manuel Merino Campos, led the announcement of the first Tier 1 automotive investment in the state, with the arrival of Japanese supplier Sumitomo Electric Wiring Systems.
This investment of approximately 10 million dollars will generate around 700 new direct jobs in the municipality of Cunduacán.
During the event, the governor thanked the Japanese company for its confidence in the commercial and logistical advantages of Tabasco.
Now, the state could boost the arrival of other suppliers of Tier 1 or Tier 2 auto parts, as the state of Yucatan has done little by little.
Merino Campos also highlighted the increase in economic activity in the state, with a growth rate of 24.3%, one of the highest of all states in the country.
Sumitomo Electric Wiring Systems will be located in the Tabasco Business Center industrial park, next to the Reforma-Dos Bocas highway and near the Isthmus of Tehuantepec corridor.
The land located next to the Ciateq Tabasco has an area of 37,000 square meters.