# Fraenkische invests €12 million in new plant in Silao, Guanajuato for EV cooling systems

Fraenkische inaugurated its second plant in Silao, Guanajuato, with an investment of over €12 million, dedicated to manufacturing cooling systems for electric cars and batteries, targeting Tesla. The plant is expected to start operations in July 2022 and create 200 direct jobs by end of 2022 and 500 more in two years.

- Type: New facility
- Announced: 2022-06-28
- Where: Silao, Guanajuato, Mexico
- Value: $12.6M (12.0M EUR)
- Jobs: 700
- Starts operating: Jul 2022
- Status: completed
- Capacity: 18,000 m2 built area
- Products: cooling systems for electric cars and batteries
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Fraenkische](https://endata.com/companies/63736.md)

## Sources

- [solili.mx](https://www.solili.mx/noticias/frankische-invierte-12-mde-en-nueva-planta-en-guanajuato/4950/?lang=en), 2022-06-28: "This new plant has an investment amount of more than 12 million euros in a built area of 18,000 m2"

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