INVEST IN TORREON

The metropolitan area of Torreon is one of the biggest in Mexico

With a GDP of USD 15.6 billion  and annual income per capita of $10,997 USD, Torreon positions itself as one the best places to start investing in Mexico.

QUALIFIED WORKERS

60 universities and technical schools, with more than 7,000 graduates every year in 139 majors. (CIESLAG, 2019)

COMPETITIVE WAGES

Workers in Torreon have an average hourly wage of $2.44 USD, making it one of the most competitive regions in the country. (ENOE 2019, INEGI)

AVAILABLE LAND

15.19 sq. km. of industrial land use in the region gives the perfect opportunity to comply with any business needs. (IMPLAN, 2019)

LOGISTICAL HUB

Located in the middle of the Northern Economic Corridor, which joins Mazatlan and Matamoros ports, and Mexico City to the border cities of Eagle Pass, El Paso and Laredo, Texas.

Primary Metal Manufacturing

NAICS Code 331

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Companies in subsector:34

Employees (as of total of the sector): 6.08%

Avg. Wage (hourly in MXN): $50.26

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Machinery Manufacturing

NAICS Code 333

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Companies in subsector:68

Employees (as of total of the sector): 8.51%

Avg. Wage (Hourly in MXN): $87.29

Food Manufacturing

NAICS Code 311

Companies in subsector: 986

Employees (as of total of industrial sector): 12.74%

Avg. Wage (Hourly MXN): $30.74

Transportation Equipment Manufacturing

NAICS Code 336

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Companies in subsector: 44

Employees (as total of industrial sector): 16.63%

Avg. Wage (Hourly MXN): $58.06

Apparel Manufacturing

NAICS Code 315

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Companies in subsector: 223

Employees (as total of industrial sector): 23.23%

Avg. Wage (Hourly MXN): $37.02

COMMERCE & SERVICES

COMMERCE

37.40% of  all economic entities are classified as retail. (DENUE 2019, INEGI)

SERVICES

44.3% of all economic entities are services. (DENUE 2019, INEGI)

EMPLOYMENT

49.44% of occupied workers are in Commerce and Services. (ENOE 2019, INEGI)

INCOME

Average monthly income of $15,421.40 MXN (ENIGH 2018, INEGI)

Income Structure

34.3% of the population has an income greater than the average of $15,421 MXN ($806.5 USD) for the region. (ENIGH 2018, INEGI)

Doing Business

According to OCDE Doing Business Index of 2016, starting a business takes 11.5 days.

Commercial Activity

In the last five years, commercial activity has expanded in the Northern area of the region, with new investments such as 3 shopping malls and 25 neighborhood centers, adding 311,390 sq.m. (3,351,774.06 sq.ft.) of commercial area.