# ZF to expand Querétaro plant with $1.28B peso investment

ZF will invest more than 1,279 million pesos to expand its plant in Querétaro, Mexico, converting existing infrastructure and building a new warehouse for manufacturing and assembly. The project starts in April 2021 and will create 500 new jobs.

- Type: Expansion
- Announced: 2021-03-19
- Where: Bernardo Quintana Industrial Park, El Marqués, Querétaro, Mexico
- Value: $63.0M (1.28B MXN)
- Jobs: 500
- Starts operating: Apr 2021
- Status: announced
- Products: address systems (steering systems)
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [ZF](https://endata.com/companies/5885.md)

## Sources

- [protexasindustry.com](https://www.protexasindustry.com/en/article/zf-will-expand-its-plant-in-quertaro-will-invest-more-than-1-279-million-pesos), 2021-03-19: "It is through the conversion of the infrastructure that the company currently has into production space and the construction of a new industrial warehouse, where there will be manufacturing and assembly processes."

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