American multinational conglomerate Honeywell has set up a research & development (R&D) center in Mexico City, creating more than 200 jobs for Mexican engineers.
Mexico is the fourth country in the world to have an R&D center of this kind; the other centers are located in India, China, and Czech Republic.
Easy availability of engineering talent was the main reason for establishing the lab in Mexico, said the US firm, adding that the center is also a ‘vote of confidence’ in Mexico’s growing technology workforce.
The center, designed to develop technology solutions for customers in the aerospace and automotive industries, will work in coordination with the company’s four business groups.
Operating for more than 70 years, Honeywell Mexico has employed in excess of 17,000 people across its centers in Baja California, Chihuahua, Nuevo Leon, San Luis Potosi, and Mexico City.
The American firm has often praised Mexicans for the roaring success of its ‘systems integration lab’ in Baja California, which has employed 350 people engaged in the design, engineering, and testing of components for aircraft systems.
Francisco Javier Mendieta, the Director General of the Mexican Space Agency (AEM), who was present at the inauguration, urged the government to educate and train more students in new technologies, according to reports in Spanish media.
He said Mexico’s aerospace sector is one of the most dynamic sectors of the national economy and growing three times faster than other countries in the region.
Honeywell’s aerospace business develops solutions for more fuel-efficient automobiles and airplanes, more direct and on-time flights, safer flying and runway traffic, along with aircraft engines, cockpit and cabin electronics, wireless connectivity services, logistics and more.