# Faurecia signs MoU for new automotive seat plant in Salé, Morocco

Faurecia has signed a memorandum of understanding to invest over 150 million dirhams in a new plant for textile and leather covers for automotive seats in Salé, Morocco, creating 1,400 direct jobs by 2028.

- Type: Investment
- Announced: 2022-12-24
- Where: Salé, Morocco
- Value: $14.0M (150.0M MAD)
- Jobs: 1,400
- Starts operating: 2028
- Status: announced
- Products: textile and leather covers for automotive seats
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Faurecia](https://endata.com/companies/1483.md)

## Sources

- [en.hespress.com](https://en.hespress.com/55719-automotive-industry-faurecia-signing-of-mou-for-creating-of-new-plant-near-rabat.html), 2022-12-24: "This protocol with Faurecia, a company of the Forvia group, aims to invest more than 150 million dirhams in the launch of a new unit of the group in Morocco, in Salé (Rabat twin city), to consolidate its position in the automotive ecosystem."

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