# Tytal to invest $30M expanding two tank plants in Cadereyta, Nuevo Leon

Trailers y Tanques de Aluminio (Tytal) Corporation plans to invest US$30 million to expand its two aluminum tank retrofit plants in Cadereyta, Nuevo Leon, creating 300 new jobs. The expansion targets the US market for railroad-auto tank replacements due to new regulations.

- Type: Expansion
- Announced: 2018-03-23
- Where: Cadereyta, Nuevo Leon, Mexico
- Value: $30.0M
- Jobs: 300
- Status: announced
- Products: aluminum tanks for railroad-auto transport
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Trailers y Tanques de Aluminio (Tytal) Corporation](https://endata.com/companies/30921.md)

## Sources

- [mexico-now.com](https://mexico-now.com/transporter-tank-plants-in-nuevo-leon-to-undergo-expansion/), 2018-03-23: "This new investment will support a venture into the US market, which is being forced to replace 80,000 railroad-auto tanks to transport crude oil and fuel."

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