Hota Industrial to build first US factory in New Mexico

Tesla supplier Hota Industrial Mfg. Co will invest $99 million to build its first plant outside Asia in Santa Teresa, New Mexico. Construction is expected to begin in early 2024.

“Hota, which makes gears and other auto components primarily in Taiwan, said it would begin construction on the factory in Santa Teresa.”reuters.com

• 1 source
• reuters.comTesla supplier Hota to build first US factory in New Mexico | ReutersSarah WuSep 20, 2023

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