Festo invests in NL

Festo lays the first stone of what will be a new plant in Nuevo León. For this, the company will be allocating around 100 million dollars. From this plant located in Interpuerto Monterrey, in Salinas Victoria, Festo will offer automation solutions to sectors such as automotive, mining, pharmaceuticals and electronics. The construction of this site is expected to be carried out in three construction phases and will be ready in 2025. Around 1,500 new jobs will be generated here gradually.

Attractive state

Monterrey is one of the most important industrial centers in Latin America and is considered one of the most attractive university cities in Mexico, with international universities and well-trained professionals. Festo is well connected there with important customers and technical universities, and maintains a Didactic training center and a sales office in this city.

"Nuevo León captured $2.332 billion dollars in foreign investment during the first quarter of this year, a record figure for that time period. Companies like Festo demonstrate the excellent climate for doing business that exists in Nuevo León and we welcome them," said Mitch Abundis, director of Investment for the Ministry of Economy.

The company in Mexico

In the country, Festo has had representations and operations for more than 50 years, with a presence in 176 countries, and is advancing in the consolidation of the leadership of Industrial Automation in North America.

That is why the Board of Directors of Festo has decided to acquire land in Monterrey (Nuevo Leon), to expand the capacity of the Business Regions in North America (NAM) and South America (SAM), with the new strategic focus "Local for Local", where the goal is to open the great growth potential of these markets.