INVESTMENT NEWS

Central Mexico

YAZAKI

Yazaki Corporation, a Japanese automotive component manufacturer, will create 875 jobs and invest $30 million in its Guanajuato plant. The company specializes in wire harnesses, meters, and electronic components for the automotive industry, and has a global presence in 45 countries, including operations in Leon and Silao, Mexico.

FURUKAWA

Furukawa Automotive Systems Mexico, a Japanese company, will invest $5.2 million to expand its facilities in Valle de Santiago, creating over 700 jobs. The company specializes in manufacturing automotive systems and electronic equipment and currently employs over 250 people at its Sendai Industrial Park location.

DENSO

Denso, a Japanese company specializing in the manufacturing of cooling systems, air conditioning, and windshield wipers, will expand its operations in the Guanajuato Puerto Interior plant located in Silao. The company plans to invest an additional $13 million and create 450 new jobs, making it one of the largest employers in the state with over 2,200 employees.

Toyota

The Japanese brand will invest $328 million in its Guanajuato plant toproduce a new generation of Tacoma vehicles for the North American market. The new version will be an Electric Hybrid, contributing to the company’s manufacturing electrification strategy and significant carbon emissions reduction in Mexico.

HONDA

Honda, the Japanese automaker, continues to expand its plant in Celaya, Guanajuato, reaching a total investment of $1.583 billion. Since its arrival in 2011 with an initial investment of $800 million and the commitment to create 3,200 jobs, Honda has continued to invest in the Celaya plant, now totaling 4,600 jobs generated, according to the governor of the state.

Kloeckner Metals

The American steel and metal products manufacturer has invested $40 million in its new production center located in the O’Donnell Industrial Park in El Marques, Queretaro. The plant spans over 7,800 square meters and is expected to em ploy 200 workers once the project is fully established.

REMOTE WORK IN MEXICO: NEW EMPLOYER’S OBLIGATIONS

The new Mexican regulation for safety and health conditions when teleworking has been published in the official gazette. This new labor standard, known as NOM-037, will become effective six months after its publication, that is December 2023 will be fully applicable.

In order to be in compliance employers will now be required to approve the safety and health conditions of the specific workstation that any teleworker uses when working remotely. The employer has the obligation to protect the worker from any risk even if the workplace is outside the company’s premises.

To approve the remote workstation a new checklist should be used to verify the safety and health conditions, including ventilation, illumination, and noise among other factors. Pictures, videos, or even a domiciliary visit may be required to approve the telework area.

Right to privacy and intimacy, work-life balance, and other provisions must be taken into consideration when setting the telework rules and verification.

President