# Autoliv announces $63M investment to double production at Lerma plant

Autoliv announced an investment of 1.2 billion pesos (approx. $63 million) to double production of seat belts at its plant in Lerma, State of Mexico. The expansion will create 1,000 direct jobs and 2,500 indirect jobs over three years, increasing annual output to 40 million seat belts.

- Type: Expansion
- Announced: 2019-07-24
- Where: Lerma, State of Mexico, Mexico
- Value: $63.0M (1.20B MXN)
- Jobs: 1,000
- Starts operating: 2020
- Status: announced
- Capacity: 40 million seat belts per year
- Products: seat belts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Autoliv](https://endata.com/companies/7611.md)

## Sources

- [8columnas.com.mx](https://8columnas.com.mx/al-instante/aplaude-addm-nueva-inversion-de-autoliv/), 2019-07-24: "Autoliv generará mil empleos más y dos mil 500 indirectos, con su plan de crecimiento a tres años."
- [lanetanoticias.com](https://lanetanoticias.com/estados/alfredo-del-mazo-anuncia-expansion-de-la-empresa-autoliv-mexico/), 2019-07-24: "invirtieron más de mil 200 millones de pesos"
- [mexico-now.com](https://mexico-now.com/autoliv-announces-expansion-in-the-state-of-mexico/), 2019-07-25: "Autoliv has invested more than US $ 63 million in expanding its operations in Lerma since 2017, with the aim of doubling its production from 25 to 45 million seat belts per year."

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