MAT Foundry Mexico receives operating license for $70M automotive foundry in Hidalgo

MAT Foundry Mexico received an operating license for a MX$1.2 billion ($70 million) automotive foundry in Mineral de la Reforma, Hidalgo, Mexico. The plant is expected to generate 650 direct and indirect jobs and supply heavy-duty vehicle components.

“Local authorities in Mineral de la Reforma, Hidalgo, have formally granted an operating license to MAT FOUNDRY México, an automotive foundry project that represents an initial investment of MX$1.2 billion (about US$70 million) and is expected to generate 650 direct and indirect jobs in the region.”mexicobusiness.news

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• mexicobusiness.newsMAT Foundry Mexico Receives Operating License in HidalgoJosé Escobedo Senior Editorial ManagerFeb 23, 2026

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