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Mexico’s Hunger for Energy

Charlotte WilczokOctober 19, 2011

Mexico as an emerging economy is in desperate need of new power lines and a stable energy supply. One of the most important investors in this area is Siemens. Six months ago the company opened a new facility near Queretaro, north of Mexico City. It already has a workforce of 500 new staff, and that number will grow by 2015.

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The foundation stone for a second building has already been laid. The plant develops and constructs high-voltage components for the global market. The order books are full, and there has been no fallout here yet from the crisis in Europe or the USA’s struggling economy.