Morgan Advanced Materials to invest 10 million dollars in new plant in San Juan del Rio

After an investment of 10 million dollars, the company Morgan Advanced Materials opened a new plant in San Juan del Rio which they are seeking to consolidate as one of the main suppliers of the aeronautic industry in the region.

During his visit to the San Juan del Rio facilities for the opening protocol of the expansion, John Rigini, executive president of Morgan Technical Ceramics, underlined the strengths of the English company.

“For more than 50 years, Morgan has been actively supporting our aerospace customers, by providing them products that directly go to airplanes or airplane engines or that allow the production of highly sophisticated components for this industry,” he said.

The company, headquartered in Windsor, United Kingdom, manufactures products that go from high-temperature ceramic feeding for fire detection, to special adhesion metals to weld aircrafts engines components and ceramic hearts for accurate foundry, “as the ones manufactured in our plant in San Juan del Rio. Our advanced material products allow the safe and productive operation of most of the airplanes currently in service,” added the directive.

Besides, John Rigini announced that each year the company fulfills important investments in development, science, and materials to guarantee its customers the most advanced aiming to generate better products.

“We have made a significant commitment with the development of press, furnaces and advanced finished equipment, together with lean production processes, here in San Juan del Rio, which guarantees we can trustfully satisfy our customers’ demands in the years to come,” he noted.

In Queretaro, the company manufactures the ceramic pieces needed for precision smelters that supply, among other companies, to General Electric (GE) and Pratt and Whitney. Likewise, this plant expansion adds 450 highly specialized jobs to the region.

SYNERGY

Francisco Dominguez Servien, governor of Queretaro, thanked, during the opening event, the trust Morgan Advanced Materials has in Queretaro to invest and underlined the scopes of the aeronautic industry to which the company belongs.

“With Queretaro’s talent complete pieces will continue developing for this industry, global solutions will continue being granted for GE and other companies, will continue to drive the airplanes moved around the world with the talent found in Queretaro,” he said.

The official underlined that besides the state position as the second with the highest number of scientific and technological institutions in the country, as well as their position as the fourth destination for aeronautic investment in the world.

“We are leaders in foreign direct investment in the entire Bajio area, we continue within the first places to generate jobs, also have the second position in better-paid wages in the entire country. While all companies in Queretaro pay (average) 422.89 pesos per day, the national average is 317.”

Regarding this, Marco del Prete Tercero, head of the Ministry of Sustainable Development, remembered that Morgan Advanced Materials joins the 35 English companies settled in Queretaro and about 300 that belongs to the automotive and aerospace sector.

INCREASING SECTOR

According to reports of INEGI Queretaro, during 2018, reported 11,110 million dollars in exports, of which 46 % were of transportation equipment manufacturers. The figure represents an increase of 7.5 % regarding the year before.

“During the entire period of the governor Dominguez administration, from 2015 to 2018, have been exported about 16,000 million dollars in the state for the manufacturing of transportation equipment, especially aerospace,” added Del Prete.

The value of the manufacture production of transportation equipment, in the period January to July, produced 51,727 million pesos, a 9.9 % growth compared with the same period of the year before.

The manufacturing sector of transportation equipment, which includes the aerospace area, belongs to 25 % of the manufacturing production of the state and it is the sector that contributes the most to the production value of Queretaro. It is also the fifth one with a higher percentage of growth, during the quoted period.