# The Nearshore Company to build $30M transformer factory in Matamoros, Mexico

The Nearshore Company announced a $30 million investment to build a new electrical transformer factory in Matamoros, Tamaulipas, Mexico, creating 3,500 direct jobs including 400 welders.

- Type: New facility
- Announced: 2021-01-01
- Where: Matamoros, Tamaulipas, Mexico
- Value: $30.0M
- Jobs: 3,500
- Status: announced
- Products: electrical transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [The Nearshore Company](https://endata.com/companies/52243.md)

## Sources

- [posta.com.mx](https://www.posta.com.mx/tamaulipas/llega-a-matamoros-the-nearshore-company-con-inversion-de-30-millones-de-dolares/vl2115654), 2021-01-01: "Esta es una de las 'primeras inversiones industriales no de ampliación de maquiladora, sino de planta nueva, que fabrica transformadores eléctricos'."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.