# Koyo Machine Industries opens $8M steering shaft plant in San Luis Potosi

Koyo Machine Industries opened a new facility in San Luis Potosi, Mexico, to manufacture steering intermediate shafts. The company invested US$8 million and hired 160 workers.

- Type: New facility
- Announced: 2017-05-07
- Where: San Luis Potosi, Villa de Pozos Industrial Park, Mexico
- Value: $8.00M
- Jobs: 160
- Starts operating: 7 May 2017
- Status: completed
- Products: steering intermediate shafts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Koyo Machine Industries](https://endata.com/companies/17119.md)

## Sources

- [mexico-now.com](https://mexico-now.com/koyo-joints-starts-steering-shafts-production-in-san-luis-potosi/), 2017-05-07: "Koyo Joint starts steering shafts production in San Luis Potosi"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.