Aerospace firms invest $334 million, creating 550 jobs in Mexico

Francisco Vega de Lamadrid, Governor of the State of Baja California, has announced the agreement of new aerospace projects between Mexico and three international companies.

Committed investments between the firms total $334 million US and will create 550 jobs.

American aerospace company UTC said it will add a $300 million expansion to its existing Baja California operation. UTC has been operating in Mexico for more than 25 years. Their expansion will include a new 15,000-square-foot facility, opening up additional regional operations and creating 300 additional jobs to the State’s aerospace industry.

International developer, Vesta, says it plans to invest $64 million in industrial infrastructure. Uni-Pol, a UK-based firm, made Baja California its choice for its first Mexico-based operation. Uni-Pol intends to invest $10 million.

When asked about the future investments, Governor Vega explains, “Baja California is Mexico´s leading state in the Aerospace and Defense industry. We are well positioned at the international level as the best option for investment in Mexico. With the attraction of these nine projects we are seeking to sustain the sector´s 20% annual growth.”

In regards to these new business agendas, Enrique Esparza, President of the Tijuana EDC says that over the next few months, “Tijuana EDC will facilitate the advisory of business experts on setting up manufacturing operations in Mexico and industrial visits to manufacturing plants will also be arranged to showcase the region’s potential.”

State representatives have reported that in addition to the three new investments, there are nine more potential investment projects that could generate another 800 jobs.

As of 2014, there were more than 300 aerospace manufacturing companies in Mexico and 65 companies that represent 29 percent of Mexico’s aerospace export sector, making Baja California home to the largest Aerospace industry in the country. Combined, these companies – Honeywell, Delphi, Cubic, UTC, Aerospace, Esterline and TE Connectivity — give Mexico more than 40 years of aerospace manufacturing experience

In November of this year, Baja California will host its 5th International Aerospace Forum. Baja California is currently working with BCI to hold an Advanced Manufacturing Summit in Tijuana in September, 2015.