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JTEKT invests $50M in expansion of San Luis Potosí plant · Endata

◂ Announcements

Jun 29, 2022EXPANSIONSan Luis Potosí, Mexico

JTEKT invests $50M in expansion of San Luis Potosí plant

JTEKT Automotive México has begun construction of a $50 million (1 billion pesos) expansion of its plant in San Luis Potosí, Mexico, which will create up to 2,000 new direct and indirect jobs. The expansion will add 68,119 square meters and make it the company's largest site in North America.

Value

$50.0M

Jobs

2,000

Status

Under construction

Productselectronic power steering systemsbearingssteering intermediate shafts

CompaniesJTEKT Corporation

Sectors#Automotive Components

“La inversión será de más de 1,000 millones de pesos, o 50 millones de dólares, los cuales generarán hasta 2 mil nuevos empleos directos e indirectos en la región.”clusterindustrial.com.mx

1 source
clusterindustrial.com.mxJTEKT invierte 50 MDD para ampliación en San Luis PotosíCluster 1Jun 29, 2022

Summarized from public sources; check the original articles before acting on it.

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Jan 31, 2024ACQUISITIONWixom, Michigan, United States
Koyo Machinery USA merges into JTEKT Machinery Americas
JTEKT Corporation partner JTEKT Machinery Americas acquirer americanmachinist.com ssw-americas.com
Jan 15, 2024ACQUISITIONJapan
Toyota Group plans to transfer powertrain business to JTEKT
Toyota JTEKT Corporation acquirer haythink.com
Dec 7, 2023EXPANSIONPiedmont, Greenville County, South Carolina, United States$48.4M87 jobsops Q3 2025
JTEKT North America expands Greenville County plant with $48.4M investment
JTEKT North America JTEKT Corporation investor governor.sc.gov upstatebusinessjournal.com scbiz.com
May 25, 2023ACQUISITION$110.0M1,200 jobs
AEQUITA completes acquisition of European NRB business from JTEKT
JTEKT Corporation target TMD Friction target stockopedia.com

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