# 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.

- Type: Investment
- Announced: 2023-11-28
- Where: New Mexico, United States
- Value: $99.0M
- Status: announced
- Products: auto parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hota Industrial Mfg. Co., Ltd.](https://endata.com/companies/29550.md)

## Sources

- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5273343/taiwanese-auto-parts-maker-hota-invests-99-million-in-new-mexico-us-plant-cites-proximity-to-north-america), 2023-11-30: "Hota Industrial Mfg. Co. has announced a $99 million investment in a plant in New Mexico, US, its first outside of Asia"

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