# JTEKT Automotive México expands plant in San Luis Potosí with $50M investment

JTEKT Automotive México announced a $50 million investment to expand its plant in San Luis Potosí, Mexico, which will create over 2,000 new direct jobs and increase production of electronic power steering systems, bearings, and intermediate shafts.

- Type: Expansion
- Announced: 2022-06-29
- Where: San Luis Potosí, Mexico, Mexico
- Value: $50.0M
- Jobs: 2,000
- Status: announced
- Products: electronic power steering systems, bearings, intermediate shafts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [JTEKT Automotive México](https://endata.com/companies/56607.md)

## Sources

- [mexicoindustry.com](https://mexicoindustry.com/noticia/con-50-millones-de-dolares-jtekt-amplia-su-planta-en-san-luis-potosi), 2022-06-29: "La inversión de JTEKT Automotive México es superior a los 1,000 millones de pesos y con ello, se van a generar más de dos mil nuevos empleos directos para esta zona del estado potosino."
- [somosindustria.com](https://somosindustria.com/articulo/inicia-jtekt-segunda-fase-de-expansion/), 2022-07-01: "Iniciamos desde 2020 y esperamos finalizar en 2025. La inversión total es de aproximadamente 140 millones de dólares, eso incluye la expansión del edificio y también la maquinaría y el equipo que vamos a traer"

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