# 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.

- Type: New facility
- Announced: 2023-06-28
- Where: Santa Teresa, New Mexico, United States
- Value: $72.0M
- Jobs: 350
- Starts operating: 2024
- Status: announced
- Products: gears and shafts for vehicles, motorcycles, and heavy-duty commercial trucks
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hota Industrial Manufacturing Co](https://endata.com/companies/42071.md)

## Sources

- [freightwaves.com](https://www.freightwaves.com/news/borderlands-new-mexico-lands-first-major-auto-parts-manufacturing-plant), 2023-07-09: "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."
- [automotivelogistics.media](https://www.automotivelogistics.media/inbound-logistics/taiwan-based-parts-manufacturer-picks-new-mexico-for-factory/212066), 2023-07-11: "Taiwan-headquartered parts manufacturer Hota Industrial Manufacturing, a supplier to Tesla, has selected the Santa Teresa Borderplex industrial park in New Mexico for its new factory."
- [manufacturingdive.com](https://www.manufacturingdive.com/news/hota-industrial-mfg-establish-factory-santa-teresa-borderplex-new-mexico/686870/), 2023-07-13: "Hota is one of several new companies who see New Mexico as a solution to fortify and diversify their global supply chain."

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