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Magna makes an investment of 20 million dollars to expand in Queretaro

By Redacción

Queretaro

August 14, 2023





Magna Lighting confirmed its expansion process at its plant located in Corregidora, in  Querétaro , a project that will have an  investment that exceeds 20 million dollars and in its first phase it will be generating around 200 jobs and in the second it will increase to have 800 collaborators.

Strengthening in the automotive sector 

The Canadian company aims to strengthen its presence in the Mexican automotive industry. The Magna Lighting division  is dedicated to manufacturing high quality lighting systems, with expertise in headlights, taillights, and small lights .

The regional director of  Grupo Mechatronics, Mirrors Lighting in Mexico , Genaro Costilla, said that this expansion goes beyond simply increasing the productive capacity of the plant; it is also rooted in meeting the ever-changing demands of the automotive industry and moving towards a more sustainable future.

“This expansion allows us to adopt cutting-edge technologies and state-of-the-art equipment, thus improving our production capacity, optimizing processes and reducing our environmental impact. Sustainability is a central pillar of our business philosophy, and we take our responsibility seriously.”

Outstanding Growth in the Transportation Equipment Sector:

Marco Antonio Del Prete Tercero, head of the  Secretariat for Sustainable Development (Sedesu), reported that the value of production in the transportation equipment manufacturing sector, to which  Magna  belongs, experienced growth of 7.7% in the first quarter of year, reaching the figure of 29,286 million pesos. In addition, industry sales amounted to 10,716 million pesos during March.

The opening ceremony was attended by Liliana San Martín Castillo, Secretary of Labor; Alfonso Martínez, general manager of  Magna Lighting Querétaro ; Fernando Moreno, Legal Vice President of the  Magna Lighting Group ; and Esther Carboney Echave, secretary of Economic Development of the municipality of Corregidora.

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