Industry
La Piedad is a hub for agricultural products. The town was once known as the center of the Mexican pork industry, and still plays an important part in that industry. However, La Piedad has recently moved its economy towards textiles. Major textil manufacturers include Olmeca, Marval and Manriquez. Surrounding towns are Santa Ana, Yurecuaro, Degollado, Numaran, and Ecuandureo. La Piedad is also the headquarters for veterinary pharmaceuticals company LaPisa and industrial turbine manufacturer Turbomaquinas and Famaq. Also there is an important candy factory named Cabadas and sausage factories like Nu-tres, Delta and Bafar (former Parma).
There are 569 companies registered in the municipality, which puts La Piedad in the top four cities in the state with the greatest number of companies, after Morelia, Uruapan, and Zamora.
Ferromex Railway and Kansas City Southern de México crosses La Piedad allowing other companies to settle around in the future.
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