Cooper Standard choses Aguascalientes for its new Mixing plant

Restating their confidence in Aguascalientes growth and after considering several locations to settle their new polymers plant, Cooper Standar placed the foundation stone of its Mixing plant at the San Francisco I Industrial Park located south the city.

Jeffrey S. Edwards, CEO from the American company, said that for this new operations plant will be done an investment of 12 million dollars and 100 new direct jobs will be generated, mainly in a technical and professional levels, in addition of the 1,450 that they offer currently at their first plant.

Meanwhile Bill Pumphrey, president of the company, detailed that the main activity of the second transnational plant located in the entity, will be the implementation of polymer mixing technology for the manufacture of seals and rubber packaging with demands required by the automotive industry, having as main customers Ford, General Motors, Volkswagen, Nissan, Toyota, Honda, Jaguar, Land Rover and Daimler.

Corporate spokesmen announced that the new Mixing plant, from which the first stone was settled, will end on the first trimester of 2019 at the Finsa Industrial Park, which is an strategic place designed for suppliers of the Nissan – Renault and Daimler

In his participation, the secretary of Economic Development, Ricardo Martinez Castaneda, said that initially the American company considered building this plant on their country; however, by the beginning of the year they retook the proposal of settling at Mexican territory, where Aguascalientes was chosen as the best option.

Within the words the official said, he thanked the confidence placed in the entity, he reasserted the commitment of the administration in keeping healthy finances that are reflected in social stability and growth: “We have to keep, from the government, a clear finance discipline and fight corruption in order for all our investors, such as Cooper Standard, come and be confident in the State; we will accompany them in all paperwork done, in order to be established in a simple and easy way, and for them fulfill the investments they require to qualified personnel.”

The first plant of Cooper Standar in Aguascalientes was opened in 2995, with an investment of 58.5 million pesos, and a figure as the number one company in being installed in the Industrial Area of the homonymous municipality, which has a property land of almost 64,500 square meters.  Such plant has already been expanded three times, being the last one in 2014.