Sumitomo Electric Puts up New Subsidiary in Mexico

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

Participants in the ceremony (left photo, from left) Deputy Minister of Investment for Economic Development, Tagosam Salazar Imamura; Congresswoman Alma Hilda Medina Macías; President of Judd Wire Mexico, S.A. de C.V., Fuminobu Furukawa; Governor Maria Teresa Jimenez Esquivel; Minister of Investment for Economic Development, Manuel Alejandro González Martínez; General Manager of Judd Wire Mexico, S.A. de C.V., Satoshi Shukushima, and Vesta Regional VP, Adalberto Ortega Chávez.