Aernnova, an aerostructures company based in Spain, has announced it is to invest more than $90 million and create hundreds of new jobs in the Queretaro region of Mexico.
The region is one of 10 states featured at the Mexico Pavilion.
Currently producing aerostructures in Queretaro, with about 100 employees, Aernnova expects the job count to reach more than 1,000 in the next four to five years as result of the new project. A local plant will be operational in October 2009, supplying major OEMs such as Boeing, Bombardier, Airbus and Embraer.
The Mexico pavilion features 10 states with at least two exhibitor companies from each and aims to help the country grow to be a future force in aviation.
“The objective is to bring aerospace companies from around the world to invest in operations in Mexico, as well as introduce Mexican suppliers to other countries,” says Mario Juarez, promotion director, .
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Currently 186 international aerospace companies have operations in Mexico covering engineering, MRO and manufacturing, employing more than 20,000 people. PROMEXICO, an agency of the Mexican federal government tasked with stimulating business in Mexico, is looking to grow those numbers dramatically.
“Mexico is in the early stages of the aerospace industry,” says Humberto Huerta Moyao, director of the aerospace sector for PROMEXICO. “We have many automotive manufacturers and now we are trying to repeat that success with aerospace.”
Source: Flight International
