NAPS Announces New Operations in Guanajuato With Special Emphasis on Assisting Japanese Companies Manufacturing in Mexico
Japanese companies identify Guanajuato as the key location to diversify and expand automotive manufacturing in North America
June 13, 2012 - Starting on July 1st, North American Production Sharing (NAPS, Inc.) will be in a position to offer administrative and compliance support services from its new offices located in Irapuato’s Industrial Park Castro del Rio, in the State of Guanajuato. This location is ideal for supporting companies interested in manufacturing in Guanajuato and Aguascalientes.
NAPS has affirmed a long-term commitment to grow its operations in Guanajuato thanks to its business-friendly climate and support from local and state governments. Since 1991, NAPS has provided administrative support to foreign owned companies manufacturing in Mexico, specifically in the Mexican border states of Baja California and Chihuahua. The addition of an office in Guanajuato provides an excellent option for companies involved in automotive manufacturing.
On-site staff includes personnel fluent in Japanese, Spanish and English. Japanese companies have identified Guanajuato as the key location to diversify and expand automotive manufacturing in North America. NAPS has a long track record supporting Japanese companies manufacturing in Mexico including divisions or suppliers of Toyota, Taiyo, Mitsubishi, NEC and Sharp.
Foreign direct investment from Japan has grown ten-fold since 2010, now approaching 2.4 billion dollars. Mexico’s appeal includes 12 Free Trade Agreements signed with 44 nations, providing access to goods produced in Mexico to more than one billion potential consumers. Mexico has also signed Agreements on Reciprocal Promotion and Protection of Investments (RIPPA) with 27 countries, providing a legal protection framework to investors. In 2011 Mexico traded close to $700 billion dollars.
Japanese investment in Mexico is concentrated in the manufacturing sector, specifically in the automotive and electronics sectors. Japan is a leading investor in Mexico, with 570 companies investing about US$3 billion from 1999 to 2011 in locations including: Aguascalientes, Nuevo León, Mexico City, Baja California, Jalisco, Chihuahua, Zacatecas, Mexico State, Querétaro and Zacatecas. Since 2010 Guanajuato has become the most dynamic destination for Japanese investment.
NAFTA has helped Mexican companies and U.S. subsidiaries to operate more efficiently in North America and thus contribute to the formation of manufacturing clusters. The Japan External Trade Organization (JETRO) has been actively assisting Tier I and Tier II companies seeking supply agreements with Honda, Mazda or Nissan.
Among important Japanese investments recently announced are: MAZDA and HONDA in Guanajuato; NISSAN to build a third Mexico plant in Aguascalientes; NISHIKAWA COOPER in Guanajuato; KEIHIN in San Luis Potosi; YOROZU in Guanajuato; and DENSO to build its third plant in Mexico in Guanajuato.
It is estimated that by 2017, Mexico will have the capacity to produce 4 million vehicles and will be the seventh largest producer and third largest automotive exporter worldwide. NAPS is pleased to be in a position to assist companies achieve success in this market.
Monica Hanono
Industry Liaison & Marketing Analyst
monica.hanono@napsmexico.com
phone: 858-794-7947
toll free: 800-551-8581
About NAPS
NAPS is a premier shelter company in Mexico providing start-up and ongoing administration for companies manufacturing in Mexico. NAPS facilitates the relocation and expansion of labor intensive processes mainly along the border region of Mexico. Since 1991, NAPS has played a key role in ensuring the success of 70 Mexico manufacturing operations including: Esterline, Hewlett Packard, Intuitive Surgical, JAE, Monster Cable, Parker Hannifin, Speck Products, Toyota & Qualcomm. For more info about NAPS and the shelter services in Mexico we offer please visit www.napsmexico.com
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