Korean Consortium to invest US$36 million in Tamaulipas

Category: News
Published: 2016-10-18

The Korean origin consortium, Seoyon Electronics Company, announced a project to invest US$36 million to install an industrial building in Reynosa, Tamaulipas, dedicated to manufacturing auto parts, which will generate 500 direct jobs, informed the Mayor Maki Ortiz Dominguez.

She mentions that the Company has production plants in China and Poland, whereas Reynosa is going to be the first Mexico location. Ortiz Dominguez explained that the project includes the purchase of 4.4 hectares for a factory and 0.7 hectares for local offices.

 

Source: 20 minutos