Sectors standing out last year were the automotive, manufacturing and energy.

The industry in Nuevo Leon had a very positive 2017, as the state received a large number of companies and delegations with promising international projects.

In addition, thousands of job vacancies were opened during 2017, according to figures from the IMSS, from January to October there were 93,812 new jobs. However, this year it is expected that the figures will continue to be favorable due to the implementation of Industry 4.0, also known as the Fourth Industrial Revolution.

“In the Ministry of Economy and Labor, we have as a priority to accelerate the technological development of Nuevo Leon. We must invest much more in technology and accelerate the implementation of Industry 4.0, thus we must expand the Research and Technological Innovation Park and install the Digital Design and Manufacturing Innovation Campus,” said Secretary of Economy, Fernando Turner.

While the Undersecretary of Investment and Industrial Development, Samuel Pena explained that foreign investment during this year was 3,628 million dollars, 9 % more than in 2016.

He also added that the most attractive sectors for direct foreign investment were advanced manufacturing with 18 projects and an investment of 544 million dollars, the automotive with 11 projects and an investment of 508 million dollars and the energy in which six projects were developed, 1,315 million dollars were invested.

The municipalities that benefited most were Apodaca with 38 % and Escobedo and Guadalupe that are on a par with 10 % of projects destined.

The investments to be underlined come from the United States in 44 %, South Korea with 8 % and India, Japan, Argentina, Germany, United Kingdom, Australia, Turkey and China with 6 %.

On the other hand, Pena Guzman detailed that the Investment Directorate of the Ministry of Economy and Labor of Nuevo Leon currently collaborates with some companies in the initial phase of feasibility studies for the installation of new plants in the entity.

The official said that SEDET received in 2017 more than 15 trade delegations including China, Germany, South Africa, Honduras, Italy, South Korea, Peru, Thailand and India and on the other hand explained that the Ministry had trade missions in China, South Korea, Japan, Germany, France and India with the aim of attracting more foreign investment and diversifying the market.

Aerospace sector

The aerospace sector had a good year closure, as it currently has 300 active companies in the entity, of which 80 % have manufacturing activities, 11 % are dedicated to the areas of maintenance, operation and repairs, and 9 % fulfill design and engineering work.

According to the Aerocluster Monterrey, 35 % of the aerospace investment comes from national companies and 65 % from foreign companies. However, he said that the largest investors are from the United States and Canada, and that in 2017 exports were close to 8,000 million dollars.

“Although 2017 was better than 2016 in exports, attention must be paid to investors from Asia and the European Union, since currently their investment in Mexico represent 25 %,” said Claire Barnouin, executive director of the Aerocluster Monterrey.

Barnouin said that since 2004 the aerospace sector in Mexico has had an annual growth of approximately 15 %, which has allowed the country to be recognized as one of the most important aeronautical components exporters in the world, being its main client the United States.

On the other hand, 60,000 new jobs related to this sector of the industry were created nationwide and it is expected that job offers will continue to grow this year.

“The metalworking vocation of Nuevo Leon is a strength for attracting companies to the aerospace industry; however, to participate in this industry there are challenges due to the use of advanced materials and complex processes with high quality standards,” assured the executive director of Aerocluster Monterrey.


Automotive Sector

The general director of the Automotive Cluster of Nuevo Leon, Manuel Montoya acknowledged that 2017 was a good year for this sector of the industry, because in the first 10 months last year 3 million 194,872 vehicles were manufactured, that is 10 % more in comparison with 2016, while the export was 2 million 575,361 cars, which represents 11.7 % more than in 2016.

“From the 29 CLAUT Tier 2 companies, 93 % indicated that they had gotten new business this year.  Also 83 % told us they had increased their sales compared to 2016, and 93 % are optimistic that in 2018 their sales will continue growing,” said Montoya.


Companies and the Initiative 4.0

According to Abraham Tijerina, strategy coordinator for the Nuevo Leon initiative 4.0, many of the companies did not know about Industry 4.0, therefore last year they focused on spreading the message to companies hopping that during this year more businesses will join and new projects arrive.

“We hope this continues growing, although we have served a small sector, this means, to 500 companies approximately, we know that there are more than 250,000,” Tijerina noted.

He added that: “What is being done with these initiatives based on technology 4.0 is not only to provide iron bars, but now our goal is to provide a better service to the consumer by making smart products.”


IMMEX Companies

While, Adriana Vignau, director of Index Nuevo Leon, said that the exports of IMMEX companies (Manufacturing, Maquiladora and Export Services) in the State increased in 10.8 percent.

“In the period from December 2016 to September 2017, 69 new IMMEX establishments were registered nationwide, 10 of them are in Nuevo Leon. IMMEX investments in Nuevo Leon will continue under a dynamic of significant growth, which can be anticipated by the recent investment in the Hofusan Industrial Park located in Salinas Victoria,” she specified.

“Hofusan occupies an area of 850 hectares and will invest about 1,100 million dollars and only the construction of the project will generate approximately 15,000 jobs,” added the director.

He also explained that there were about 9,737 jobs that were generated from December 2016 to September 2017 in IMMEX companies.

Vignau said that the infrastructure the State has makes it an attractive region to invest and emphasized that: “The entity has pipe gas lines, drinking water, industrial water, energy capacity, road and rail infrastructure, a strong educational sector and a culture focused on productivity.”