Investment in growth market Emag starts construction of a new plant in Mexico
On June 19, 2023, the symbolic groundbreaking ceremony took place for the new plant of the Emag Group in the San Isidro Business Park in Querétaro, Mexico. This marks the start of an ambitious investment program of the group in the region.
In the last decade, the Mexican market has developed into an attractive production location for the USMCA (United States Mexico Canada Agreement) free trade zone, formerly Nafta. This is due to several factors: the strategic location, attractive framework conditions for investment, a high level of training, a solid infrastructure and a long tradition in manufacturing.
The global crises of recent years have led to a rethinking of the value chain and production, towards so-called nearshoring. Mexico has benefited from these crises and the misalignments of production. Industries such as automotive, aerospace, electronics and consumer goods are investing billions in existing and new production capacities.
But Mexico is not just an extended workbench. Thanks to its good level of education, the country is home to more and more research and development sites of global companies. Against the background of this dynamic development and ever shorter investment cycles, the construction of the new Emag plant is another step in the company's 20-year success story in Mexico. In the future, the expansion of local competence and value creation will be of great importance.
The new plant in San Isidro is being built on a total area of 2,880 m2. The production area is 1,800 m2 and offers 30 machine assembly stations. In addition to the production hall, the new building includes office space on three levels with a total area of 1,200 m2. The forum for customers, suppliers and employees with meeting rooms and a canteen is located on the third floor. On the second floor, the team offices for administration, quotation preparation, sales and engineering are planned. And the first floor will house the service and production area, changing rooms and an air-conditioned measuring room.
“This new plant is an important milestone in our expansion strategy and reflects our continued commitment to the Mexican market,” said Dr. Mathias Klein, CSO of the Emag Group. “We look forward to further expanding our presence in this dynamic and growing region.”
Since entering the market in 1997, Emag has continuously invested in its presence in Mexico. After establishing a branch in Mexico City in 2003, a new headquarters was opened in Querétaro in 2015 with a production area of 420 m2. Emag Mexico was awarded Supplier of the Year in 2010 (AAM) and 2016 (Sisamex) and was able to realize its first turnkey project in 2019.