Wednesday, March 19, 2014

German company to expand factory

Representatives of the German cable and harness manufacturer Leoni announced an expansion of their factories in Durango on Monday, which they said will create 800 new jobs.
With these new jobs, Leoni, which is considered to be the world’s leading manufacturer of copper wire and automobile cables, will employ a total of 3,000 people in Durango by the end of 2014.
Leoni President Andreas Brand said that the company’s decision to expand its Durango operations is due to the support it has received from Gov. Jorge Herrera Caldera, the quality of the state’s workers and its recent acquisition of an exclusive supply contract with Mercedes Benz.
Brand’s comments were made following a meeting with Herrera Caldera, State Economic Development Secretary Ricardo Navarrete Gómez and Foreign Investment Undersecretary Esteban Rosas.
Herrera Caldera said that he was grateful for the confidence of German investors in his state, adding that he will continue to promote industrial and transportation infrastructure during the rest of his term in office, which he said will make the state’s industries more competitive.
He went on to say that infrastructure projects like the Durango-Mazatlán Superhighway, which was inaugurated last year, have helped reduce operating costs for companies based in Durango and have helped them access domestic and international markets.
THE NEWS

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