# Castool opens new manufacturing plant in Querétaro, Mexico

Castool Tooling Systems inaugurated a new 35,000 square-foot plant in Querétaro, Mexico, with an investment of $10 million. The facility will serve markets in Mexico, Central America, and South America, creating 100 direct and indirect jobs in its first phase.

- Type: New facility
- Announced: 2023-10-23
- Where: Querétaro, Mexico, Mexico
- Value: $10.0M
- Jobs: 100
- Starts operating: 23 Oct 2023
- Status: completed
- Products: tooling systems for extrusion, die casting, and automotive
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Castool Tooling Systems](https://endata.com/companies/59153.md)
- [Exco Technologies](https://endata.com/companies/38505.md) (partner)

## Sources

- [eluniversalqueretaro.mx](https://www.eluniversalqueretaro.mx/cartera/la-empresa-canadiense-castool-inaugura-planta-en-queretaro/), 2023-10-23: "La empresa canadiense Castool Tooling Systems 25 abre sus puertas al mercado latinoamericano con la construcción de una nueva planta de 35 mil pies cuadrados en Querétaro, México."

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