Kawasaki, a Japanese motorcycle manufacturer, will invest $200 million in Mexico's northern Nuevo Leon state to establish a manufacturing plant, according to state Governor Samuel Garcia on Friday.
Garcia is currently in Tokyo and announced the investment in a post on the social media platform X, formerly Twitter, without elaborating on Kawasaki's plans for the plant.
Kawasaki did not respond to a request for comment right away.
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 firm.
Kawasaki manufactures powersports vehicles, such as motorcycles and ATVs.