# Faurecia to invest MAD 150M in new car seat cover factory in Salé, Morocco

Faurecia signed a memorandum of understanding to invest over 150 million dirhams in a new factory in Salé, Morocco, for cutting and production of textile and leather covers for car seats. The project is expected to create 1,400 direct jobs by 2028.

- Type: New facility
- Announced: 2022-12-23
- Where: Salé, Morocco
- Value: $14.0M (150.0M MAD)
- Jobs: 1,400
- Status: announced
- Products: textile and leather covers for car seats
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [archyde.com](https://www.archyde.com/faurecia-intends-to-invest-150-mdh-in-a-factory-in-sale/), 2022-12-25: "This agreement with FAURECIA, a FORVIA group company, gives new impetus to investment by devoting more than 150 million dirhams to setting up a new group unit in Morocco, in Salé."

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