U.S. electronics and technology firm Sanmina is reportedly investing US$48 million in the Mexican state of Jalisco as part of a strategy to develop technology for automotive and telecom customers in the country.
Officials say the new investment will create nearly 1,000 jobs and that Sanmina will hire engineers, administrators, operators, and technicians in the weeks to come.
One third of Sanmina’s workforce is based in Mexico, most of which are located in Guadalajara, the city dubbed as Mexico’s Silicon Valley.
Daniel Curiel, Coordinator of the Council of Industrial Chambers of Jalisco (CCIJ), has told local papers that Sanmina’s expansion highlights the growing traction of Jalisco’s tech sector, which is estimated to have employed more than 100,000 people.
Sanmina’s new investment plan was revealed to local media by Jalisco’s governor Aristotle Sandoval, who recently toured Silicon Valley to meet with top executives of U.S. technology firms operating in Mexico.
The governor reiterated that his government would continue easing the business climate by strengthening security and the transportation network in addition to increasing incentives for companies that generate jobs for local communities.
According to reports, Internet Brands Inc and 3D printer specialist Type A Machines have also expressed interest in investing in Jalisco.
Based in El Segundo, Calif, Internet Brands is reportedly adding 50 jobs to its Mexican operation, while Type a Machines will add more than 200 positions.