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.
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Key Industrial Sectors
Primary Metal Manufacturing
NAICS Code 331
Companies in subsector:34
Employees (as of total of the sector): 6.08%
Avg. Wage (hourly in MXN): $50.26


Machinery Manufacturing
NAICS Code 333
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
Companies in subsector: 44
Employees (as total of industrial sector): 16.63%
Avg. Wage (Hourly MXN): $58.06


Apparel Manufacturing
NAICS Code 315
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.
CONTACT OUR ECONOMIC DEVELOPMENT TEAM:
Desarrollo Económico
Ayuntamiento de Torreón
Plaza Mayor 4° Piso
Av. Allende 333 Ote.
Col. Centro
Tel: +52 (871) 500-7000 ext. 1458