LG Innotek to build $190M automotive components plant in Queretaro, Mexico

LG Innotek announced plans to invest approximately MXN 3.5 billion (US$190 million) to build a new high-tech production facility in Kaizen Industrial Park, Colón, Querétaro, Mexico, to manufacture camera modules, LEDs, motors, and other automotive components. The first phase is expected to generate 630 jobs.

“LG Innotek confirmed a major investment in Querétaro, Mexico, marking a significant expansion of its operations in the country.”sanmigueltimes.com

• 1 source
• sanmigueltimes.comLG to invest US$190 million in Queretaro - San Miguel TimessanmigueltimesSep 23, 2025

Summarized from public sources; check the original articles before acting on it.