# ZF to invest €39.6M in new manufacturing site in Toluca, Mexico

ZF announced an investment of approximately €39.6 million to establish a new advanced manufacturing site in Toluca, Mexico, to increase capacity for suspension modules for electric vehicles, creating 150 jobs.

- Type: New facility
- Announced: 2023-04-11
- Where: Toluca, Mexico, Mexico
- Value: $43.2M (39.6M EUR)
- Jobs: 150
- Status: announced
- Products: suspension modules for electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [ZF](https://endata.com/companies/5885.md)

## Sources

- [press.zf.com](https://press.zf.com/press/en/media/media_54016.html), 2023-04-11: "ZF announced is investing approximately €39.6 million to establish this new, advanced manufacturing site in Toluca, Mexico."

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