# 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.

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

## Companies

- [JTEKT Corporation](https://endata.com/companies/8792.md)

## Sources

- [clusterindustrial.com.mx](https://clusterindustrial.com.mx/jtekt-invierte-50-mdd-para-ampliacion-en-san-luis-potosi/), 2022-06-29: "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."

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