KIA Motors starts operations in Nuevo Leon

Category: News
Published: 2016-05-18

KIA Motors has formally started operations in its new plant at the Municipality of Pesqueria, in the State of Nuevo Leon. KIA Motors Mexico and its affiliate companies have invested US$3 billion to build this production center; besides, 14,000 job openings will be offered by 2017, adding those by providers, contributing to the State an estimated economic flow of US$1.5 billion over the next 10 years.

Miguel Angel Lozano, Mayor of Pesqueria; Fernando Turner Davila, Ministry of Economic Development and Seong Bae-Kim, President and CEO of KIA Motors Mexico, attended the operations kickoff ceremony at the KIA plant, that has set out to increase Nuevo Leon’s exports by roughly US$4 billion per year. The executive of KIA Motors remarked that the Corporation will continue investing in the development of its facilities until a peak annual production of 300,000 units has been reached.

Source: Miled