Sumitomo Drive Technologies to build $50M plant in Juarez, Nuevo Leon

Sumitomo Drive Technologies will invest US$50 million to build its fourth plant in Mexico, located in Juarez, Nuevo Leon. The plant will produce speed reducers and create 100 jobs, with completion expected in Q1 2022.

“We are very pleased with this step taken by the company in Mexico, since this new facility is strategic for Sumitomo's growth plans, as well as a sign of the commitment we have with investments in the country.”mexico-now.com

• 1 source
• mexico-now.comSumitomo Drive Technologies to invest US$50 million in Nuevo Leon - MEXICONOWJorge SaldañaMay 31, 2021

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