Grupo Punto Alto

AT Engine, a joint venture between Aerotech Peissenberg and Grupo Punto Alto, is constructing an aerospace manufacturing plant in Hermosillo, Sonora, Mexico. The $297 million facility will employ 500 workers and produce turbine components for GE and rocket components for the European Space Agency.

AT Engine, a German-Mexican joint venture, will open a plant in Hermosillo, Sonora, in October 2019 to manufacture turbine components for aircraft and rocket parts for the European Space Agency, with a $250 million investment and 500 new jobs.

Germany-based Aerotech Peissenberg Corporation, in a joint venture with Mexican company Grupo Punto Alto, is building a $200 million plant in Hermosillo, Sonora, to manufacture turbine components for General Electric and Rolls Royce engines, creating 400 aerospace engineering jobs.