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F&P MFG de México, a subsidiary of F-tech Inc., will expand its plant in Irapuato, Guanajuato, with an additional investment of US$9.9 million for facility expansion and US$5.6 million for equipment. The expansion is expected to be completed by August 2022, with operations starting in December 2022.
“The F&P MFG plant in Mexico was inaugurated in June 2021 with an initial investment of US$49 million, to manufacture components for chassis, suspension, brakes and automotive clutch.”mexico-now.com
Summarized from public sources; check the original articles before acting on it.