Hota Industrial invests $99M in first overseas plant in New Mexico, US

Taiwanese auto-parts maker Hota Industrial Mfg. Co. announced a $99 million investment in a new plant in New Mexico, its first facility outside Asia, to supply customers like Tesla, Ford and General Motors.

“Hota Industrial Mfg. Co. has announced a $99 million investment in a plant in New Mexico, US, its first outside of Asia”autotechinsight.spglobal.com

• 1 source
• autotechinsight.spglobal.comTaiwanese auto-parts maker Hota invests $99 million in New Mexico, US, plant; cites proximity to North America - Automotive Technology Insight | Forecasts | Industry News | Supply ChainNov 30, 2023

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