LAREDO, Texas – It has been a good year for the maquiladora industry in Tamaulipas, and the border city of Reynosa leads in the job creation arena.
The Instituto Nacional de Estadistica y Geografia (Statistics and Geography National Institute – INEGI) reported that from January to August, Reynosa captured 85 percent of the state’s total employment growth rate through its IMMEX companies.
Earlier this month, a report revealed that Reynosa has almost 109,000 formal employments in the manufacturing branch, “which is a record figure,” according to a press release from INDEX Reynosa.
“This represents a growth of more than 12 percent during the first eight months of 2016,” reads the press release.
This year, the maquiladora industry is celebrating its 50th anniversary in Mexico, and these numbers show the effort businesses have been doing, especially after the financial problems in 2008 when more than 30,000 employments were lost in Reynosa alone, reads a document from INDEX Reynosa.
These positives figures will be highlighted during the 43rd Index National Convention taking place from Nov. 16-18 in Tijuana, Baja California. The group expects more than 600 participants.
The event will allow meetings and sharing points of view between the private sector and government representatives.
Furthermore, the document from Index Reynosa states that Tamaulipas reported almost 216,000 employees in the maquiladora industry, which represents a six percent growth from January to August.
“In recent years (Reynosa) has become a very attractive area for new industries and the expansion of the existing ones,” Alejandro ‘Alex’ Ávila, chair for INDEX Reynosa, said.
By the end of 2015 Reynosa had more than 97,000 jobs in the maquiladora industry.
Avila hopes that by the end of 2016, Reynosa will have more than 115,000 jobs.
INDEX Reynosa has 130 maquiladora industry members.
After Reynosa, Matamoros is the Tamaulipas city with the most job growth in 2016. Nuevo Laredo occupies third place.