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Impro Precision began construction of a Precision Machining Plant and a Sand Casting Plant in San Luis Potosi, Mexico, as part of a new production base. The total investment for phase one is over US$100 million, with US$56 million estimated for 2020. The Precision Machining Plant is scheduled for completion in late 2020 and production in Q1 2020, while the Sand Casting Plant is scheduled for completion in Q1 2021 and production in Q2 2021.
“The total investment for the development of phase one was more than US$100 million, of which the estimated cost for this year in the construction of two plants is $US56 million.”mexico-now.com
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