# Magna announces $150M expansion in Coahuila, Mexico

Magna International announced a new investment of over $150 million in Coahuila, Mexico, expected to generate more than 3,000 jobs. The exact location for the expansion is still under analysis.

- Type: Expansion
- Announced: 2018-08-22
- Where: Coahuila, Mexico
- Value: $150.0M
- Jobs: 3,000
- Status: announced
- Products: auto parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Magna International](https://endata.com/companies/2534.md)

## Sources

- [elheraldodesaltillo.mx](https://elheraldodesaltillo.mx/2018/08/22/anuncia-magna-proyecto-de-expansion-en-coahuila-por-mas-de-150-mdd/), 2018-08-23: "Magna le apuesta a Coahuila, y anunció una nueva inversión en nuestro territorio por más de 150 millones de dólares, con la generación de más de tres mil empleos."

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