Hota Industrial Manufacturing to build $72M auto parts plant in Santa Teresa, New Mexico
Taiwan-based Hota Industrial Manufacturing has signed an agreement to build a $72 million auto parts factory in Santa Teresa, New Mexico, creating 350 jobs, with construction scheduled to begin in 2024.
Productsgears and shafts for vehicles, motorcycles, and heavy-duty commercial trucks
“Hota chose New Mexico’s Borderplex because of the availability of desirable land, the workforce, and our logistical advantages that provides access to both Mexico’s factories and North American customers.”freightwaves.com
- 3 sources
- freightwaves.comBorderlands: New Mexico lands first major auto parts manufacturing plant - FreightWavesNoi MahoneyJul 9, 2023
- automotivelogistics.mediaHota Industrial Manufacturing picks New Mexico for parts factory | Automotive LogisticsMegan Kelly nullJul 11, 2023
- manufacturingdive.comTesla supplier to establish factory in New Mexico | Manufacturing DiveSara SamoraJul 13, 2023
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