# Brose to invest MXN 404 million to expand Colón, Mexico facility

Brose will invest MXN 404 million to expand its facility in Colón, Mexico, including acquiring an 800-ton press from Servornechanich for a project with Volvo.

- Type: Expansion
- Announced: 2022-06-09
- Where: Colón, Mexico
- Value: $20.0M (404.0M MXN)
- Status: announced
- Products: 800-ton press, automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Brose](https://endata.com/companies/379.md)
- [Volvo](https://endata.com/companies/9342.md) (partner)
- [Servornechanich](https://endata.com/companies/9343.md) (supplier)

## Sources

- [marklines.com](https://www.marklines.com/en/news/270750), 2022-06-09: "Thomas Spangler, CEO of Brose, announced that the company will invest MXN 404 million to expand its facility in Colon, 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.