# Metal Technologies expands plant in Villa de Reyes, Mexico, with USD 26.4 million

Metal Technologies is executing the second phase of its plant in Villa de Reyes, San Luis Potosí, Mexico, with an investment of USD 26.4 million. The expansion will increase capacity from 30,000 to 65,000 metric tons per year and create over 175 direct jobs.

- Type: Expansion
- Announced: 2020-11-24
- Where: Villa de Reyes, San Luis Potosí, Mexico, Mexico
- Value: $26.4M
- Jobs: 175
- Starts operating: 2021
- Status: announced
- Capacity: 65,000 metric tons per year
- Products: ductile iron castings, brake caliper housings, anchor brackets
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Metal Technologies](https://endata.com/companies/51426.md)

## Sources

- [eluniversal.com.mx](https://www.eluniversal.com.mx/estados/expandiran-planta-de-manufactura-en-slp/), 2020-11-24: "Con una inversión de 26.4 millones de dólares, la empresa Metal Technologies ejecutará la segunda fase de su planta instalada en el parque industrial World Trade Center 2, en el municipio de Villa de Reyes, y generará más de 175 empleos directos."
- [mexico-now.com](https://mexico-now.com/metal-technologies-to-invest-us26-million-in-san-luis-potosi/), 2020-11-25: "Matthew Fetter, president and CEO of Metal Technologies and Juan Manuel Carreras López, governor of San Luis Potosí, announced the investment of US$26 million for the company’s expansion."
- [themazatlanpost.com](https://themazatlanpost.com/2020/12/23/new-auto-parts-plant-creates-more-manufacturing-jobs-in-mexico/), 2020-12-23: "Metal Technologies will invest $26 million to expand its San Luis Potosí plant, creating 175 jobs, according to a recent announcement."

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