# EuroGroup Laminations inaugurates €50M plant in Querétaro, Mexico

EuroGroup Laminations inaugurated a new production plant in Querétaro, Mexico, with a total investment of approximately €50 million (US $54.8 million), to supply motor cores for the EV and automotive market.

- Type: New facility
- Announced: 2024-01-12
- Where: Querétaro Industrial Park, Querétaro, Mexico
- Value: $54.8M (50.0M EUR)
- Starts operating: 12 Jan 2024
- Status: completed
- Capacity: 10,000 square meters added; production capacity for EV & automotive segment to more than double in two years
- Products: stators, rotors, motor cores
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Eurotranciatura México](https://endata.com/companies/30413.md)
- [EuroGroup Laminations](https://endata.com/companies/74945.md)

## Sources

- [mexiconewsdaily.com](https://mexiconewsdaily.com/business/italian-automotive-company-to-invest-us-54m-in-queretaro-plant/), 2024-01-12: "We are proud to inaugurate the new Mexican plant in Querétaro and thus strengthen our production capacity for the North American EV market for rapid growth."

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