# Kyungshin to invest $45M in three new plants in Gomez Palacio, Mexico

Kyungshin Holdings will invest $45 million in three new plants in Gomez Palacio, Mexico, to manufacture battery modules for electric cars, electronic cards, and harnesses, creating 2,200 jobs.

- Type: New facility
- Announced: 2023-08-08
- Where: Gomez Palacio, Mexico
- Value: $45.0M
- Jobs: 2,200
- Status: announced
- Products: battery modules, electronic cards, harnesses
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Kyungshin Holdings](https://endata.com/companies/71897.md)

## Sources

- [evertiq.com](https://evertiq.com/news/54149), 2023-08-08: "The company will invest $45m in the three New Mexican plants, which will create 2,200 jobs."

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