Continental to build $80M electrical components plant in Aguascalientes, Mexico

Continental announced it will invest over 1.6 billion pesos ($80 million) to build a new plant in Aguascalientes, Mexico, its 24th in the country. The factory will manufacture electrical components such as smart antennas and control panels, creating 1,000 jobs over five years, with operations expected to start in 2020.

“We are pleased to announce the construction of this new Continental plant, here in Aguascalientes.”mexiconewsdaily.com

• 2 sources
• mexiconewsdaily.comGerman automotive firm announces 1.6-billion-peso plantMND StaffNov 2, 2018
• americanindustriesgroup.comGerman firm announces US $80 million plant in AguascalientesAmerican Industries GroupNov 22, 2018

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