Navistar, tractor manufacturer, will start a new project in its plant located in Escobedo, Nuevo Leon, as part of its growth in Mexico. The foundation stone placement of the “One Roff Navistar” will be headed by the COO, Persio Lisboa and other Navistar’s executives.
During the event, information about the new arranged agreements between Navistar and GM, will be released. Last November, in a meeting with the Ministry of Economic Development (SEDECO), it was informed that at least 20 Navistar’s suppliers could relocate their plants, which will generate large amounts of foreign investment and the creation of thousands of employments for the State, in addition to costs reduction.
Source: El Horizonte