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INVESTMENT NEWS
NATIONAL: AMERICA MOVIL
The communications company has announced its intention to expand its operations by investing $8 billion during 2023, which would be a national-scale operation.
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Arca Continental
The Coca-Cola production and distribution company is set to invest $70 million in a national-scale operation
Central Mexico Evercast
The automotive component manufacturing company has announced an expansion of its facilities in the municipality of Irapuato, Guanajuato, which could potentially lead to new job opportunities.
Webasto
The Webasto corporate opened its third plant in the Vymsa Industrial Park, Guanajuato, where they will manufacture mobile chargers for electric cars and installation equipment. For 2023, they will have an investment of extra equipment for around $5.5 million dollars. They currently employ 164 employees and will close with 239 this year.
Finsa
This complex, with an area of 73 hectares located to the north of the city of Queretaro, has capacity for 22 companies and the generation of 19,500 direct and indirect in a period of three to four years.
Northeast Bendix
The automotive component manufacturing company has officially announced an investment of $57 million in the city of Acuña, Coahuila, which will create 180 jobs.
Stellantis
Stellantis has announced in a statement in Michigan that it will invest nearly $200 million in its plant in Saltillo, Coahuila, for the manufacturing of the ProMaster.
Ternium
The steelmaking company has officially announced its intention to invest around $2.2 billion in the development of a new plant in the municipality of Pesqueria, NL.
Nagarro
Nagarro, a global company specializing in Information Technology and digital engineering, announced an investment of 10 million dollars in the expansion of its operations in Nuevo Leon, with the creation of 500 jobs.
Meor
With an area of 35,000 square meters and an investment of 300 million pesos, this project is expected to house national and international companies from the manufacturing, automotive, and logistics sectors. The location is in Apodaca, Nuevo Leon.
Contracts Can Be Legitimized Until July
Unions that by May 1 have processed the legitimization of their collective bargaining agreements will have the right to carry out the entire process even after this deadline.
The legitimization of collective labor contracts, through a free and secret vote of the unionized workers of each company, is an obligation pursuant to the reform to the Federal Labor Law, compliance with which is also a commitment to be fulfilled before the partners of the Treaty between Mexico, the United States and Canada (USMCA).
“It should be clarified that this is not an extension of the deadline that expires on May 1 to legitimize collective bargaining agreements, but if on that date a union has already filed with the Federal Center for Labor Conciliation and Registration to carry out this voting process, it may do so even after that date.”
Vice President
The Federal Center for Labor Conciliation and Registration issued an agreement by which it disclosed the deadline for the registration and processing of the procedures for the legitimization of existing collective bargaining agreements.
The date for the registration of Collective Bargaining Agreements expires on May 1, 2023. Likewise, the date for the resolution of the consultations related to the procedures for the legitimization of existing collective bargaining agreements expires on July 31, states the agreement of such labor registration body.
Pursuant to the Federal Labor Law, unions of Mexican companies must submit to a vote of their workers their agreement with the permanence of the union holding the collective bargaining agreement in order for it to be legitimate or otherwise call for open elections for them to choose a labor center by majority vote.
Originally there was an estimate of 500,000 collective bargaining agreements in Mexico that was purged to about 150,000 with union activity, but so far about 13,000 of them have fulfilled this requirement.
One of the most active states in this process is Nuevo Leon, even in my case, all the companies we have advised have already completed the process.
Alvaro Garcia
HR, Vice President
