# Neapco to invest $59M in Saltillo expansion

Neapco announced a $59 million expansion project in Saltillo, Coahuila, Mexico, which will create 150 direct jobs. The company manufactures cardan shafts and half shafts for the automotive industry.

- Type: Expansion
- Announced: 2023-06-29
- Where: Saltillo, Coahuila, Mexico
- Value: $59.0M
- Jobs: 150
- Status: announced
- Products: cardan shafts, half shafts for vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Neapco](https://endata.com/companies/29522.md)

## Sources

- [labrecha.me](https://labrecha.me/coahuila/2023/06/30/59-mdd-invertiran-en-expansion-de-neapco/), 2023-06-30: "anunciaron el proyecto de expansión de la empresa Neapco, ... en el cual invertirán 59 millones de dólares, que generará 150 empleos directos."
- [mexicoindustry.com](https://mexicoindustry.com/noticia/neapco-mexico-se-expande-en-coahuila-y-es-reconocida-con-el-distintivo-esr-un-impulso-hacia-la-responsabilidad-social), 2023-07-05: "Con esta nueva expansión, planeamos invertir otros 1,200 millones de pesos, lo cual asegurará la continuidad del negocio y brindará mayores oportunidades para que el equipo crezca y prospere con Neapco"

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