# ZF Chassis Technology invests $48.4M in Toluca plant expansion

ZF Chassis Technology, a Mexican subsidiary of ZF, announced a $48.4 million investment in its Toluca plant to increase production capacity of suspension and steering system components.

- Type: Investment
- Announced: 2022-03-16
- Where: Toluca, Mexico
- Value: $48.4M
- Status: announced
- Products: suspension components, steering system components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [ZF Chassis Technology](https://endata.com/companies/61796.md)
- [ZF](https://endata.com/companies/5885.md) (partner)

## Sources

- [autotechinsight.ihsmarkit.com](https://autotechinsight.ihsmarkit.com/news/5264865/zf-chassis-technology-invests-usd48-million-in-toluca-mexico-plant), 2022-03-23: "The investment will increase the plant’s production capacity of suspension and steering system components."

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