# Kostal opens new production unit in Tangier, Morocco

German automotive parts supplier Kostal opened a new industrial unit in Tangier, Morocco, on January 16, 2024. The €25 million facility is expected to create 700 direct jobs.

- Type: New facility
- Announced: 2024-01-16
- Where: Tangier, Tangier-Tetouan-Al Hoceima, Morocco
- Value: $27.2M (25.0M EUR)
- Jobs: 700
- Starts operating: 16 Jan 2024
- Status: completed
- Products: mechanical and electronic automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [KOSTAL Group](https://endata.com/companies/19113.md)

## Sources

- [atalayar.com](https://www.atalayar.com/en/articulo/economy-and-business/the-multinational-company-kostal-opens-new-production-unit-in-tangier/20240118180000195816.html), 2024-01-18: "This industrial unit is the culmination of a fruitful cooperation between the ministry and the German group since the signing of the bilateral agreement in November 2021."

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