# Taxan begins construction of $40M electronics factory in San Luis Potosí

Taxan México began construction of a $40 million factory in San Luis Potosí, Mexico. The plant will double monthly production to 1 million articles and create 1,000 new jobs. Operations are expected to begin in March 2024.

- Type: New facility
- Announced: 2023-05-08
- Where: San Luis Potosí, Mexico
- Value: $40.0M
- Jobs: 1,000
- Starts operating: Mar 2024
- Status: under construction
- Capacity: 1 million articles per month
- Products: board assembly products, semi-finished products, electrical components for automotive
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Taxan México](https://endata.com/companies/70165.md)

## Sources

- [mexiconewsdaily.com](https://mexiconewsdaily.com/news/taxan-to-open-40m-plant-san-luis-potosi/), 2023-05-09: "Our goal is to continue to actively participate in the industrial corridor… in San Luis Potosí… as we are part of the group of companies that support the automotive industry and the household products sector."

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