Kawasaki to Invest $200 Million in Mexico

Kawasaki, a Japanese motorcycle manufacturer, will invest $200 million in Mexico's northern Nuevo Leon state to establish a manufacturing plant, state Governor Samuel Garcia announced on Oct 13. Garcia is currently in Tokyo and announced the investment in a post on the social media platform X, formerly Twitter, without providing any additional information about Kawasaki's plans for the plant.

Kawasaki did not respond immediately to a request for comment.

Earlier this week, the Mexican government issued a decree granting tax breaks to foreign companies wishing to establish operations in Mexico, which Garcia said he discussed with executives of the Japanese company. Kawasaki manufactures powersports vehicles such as motorcycles and ATVs.