# 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.

- Type: New facility
- Announced: 2021-05-31
- Where: Juarez, Nuevo Leon, Mexico
- Value: $50.0M
- Jobs: 100
- Starts operating: Q1 2022
- Status: announced
- Capacity: 15,000 square meters
- Products: speed reducers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automotive Components](https://endata.com/sectors/automotive-components.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Sumitomo Drive Technologies](https://endata.com/companies/55502.md)

## Sources

- [mexico-now.com](https://mexico-now.com/sumitomo-drive-technologies-to-invest-us50-million-in-nuevo-leon/), 2021-05-31: "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."

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