# MKDC inaugurates second plant in Coahuila and plans new factory in 2024

Korean auto parts company MKDC inaugurated its second plant in Ramos Arizpe, Coahuila, and announced a $70 million investment to build a new factory in 2024. The company supplies Tesla, General Motors, Kia, Ford, and Stellantis, and aims to produce 300 new jobs.

- Type: Expansion
- Announced: 2023-03-06
- Where: Santa María Industrial Park, Ramos Arizpe, Coahuila, Mexico
- Value: $70.0M
- Jobs: 300
- Starts operating: 2024
- Status: under construction
- Products: hydraulic steering parts, auto parts for electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [MKDC](https://endata.com/companies/68939.md)

## Sources

- [promexicoindustry.com](https://www.promexicoindustry.com/en/article/mkdc-expands-its-operations-in-coahuila-they-already-supply-tesla-and-will-boost-the-market-for-components-for-electric-cars), 2023-03-06: "This project will consist of an investment of 70 million dollars and our production will be directed mainly to the United States."
- [mexico-now.com](https://mexico-now.com/mkdc-inaugurates-its-second-plant-in-coahuila/), 2023-03-08: "The investment announced today by MKDC is a clear sign that Coahuila and Ramos Arizpe are fertile land for business development."

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