Sumitomo Electric Industries, Ltd. has established a manufacturing subsidiary in Mexico. Mainly, Judd Wire Mexico, S.A. de C.V. (JMEX) will manufacture tab leads for automotive lithium-ion batteries, as well as high-functionality and high heat-resistant electric wires.
On Sept. 14th, the Economic Development Bureau of the state government of Aguascalientes, Mexico held an investment project announcement ceremony at its building. During the ceremony, Sumitomo Electric announced the establishment of JMEX and its business plans.
The governor of the state, María Teresa Jiménez Esquivel, said of the project, “I am very pleased that 300 jobs will be created. Our state was selected for its good public safety, and we will continue to make further improvements in the future.” Also, Manuel Alejandro Gonzalez Martínez, Secretary of Economic Development, Science and Technology, expressed his support for JMEX recruitment through job fairs and other means.
Sumitomo Electric attributes the establishment of JMEX to the significant demand for high-functionality electric wires and wiring materials expected in North America. This results from the advancement of CASE trends in the automotive and mobility fields. Accordingly, the company aims to contribute to the advancement of CASE and increase its presence in the North American market.
*CASE: An acronym for Connected, Autonomous, Shared, and Electric