# LG Innotek to invest $80M expanding Queretaro plant

LG Innotek announced it will expand its operations in San Juan del Río, Queretaro, Mexico, with an investment of US$80 million for 2022. The plant manufactures anti-lock braking systems and other automotive components.

- Type: Expansion
- Announced: 2022-05-31
- Where: San Juan del Río, Queretaro, Mexico
- Value: $80.0M
- Status: announced
- Products: anti-lock braking systems, power steering components, automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [LG Innotek](https://endata.com/companies/17994.md)

## Sources

- [mexico-now.com](https://mexico-now.com/lg-innotek-to-expand-its-participation-in-queretaro/), 2022-05-31: "LG Innotek announced that it will expand its operations in San Juan del Río, Queretaro, offering a new source of jobs."

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