# Flex Américas plans $300M second expansion stage in Altamira, Mexico

Flex Américas CEO Om Prakash Mishra announced a second stage of expansion in Altamira, with a planned $300 million complex to be built in 2024-2025 on a site still being sought. The total investment through 2025 is above $500 million.

- Type: Investment
- Announced: 2022-11-03
- Where: Altamira, Tamaulipas, Mexico
- Value: $300.0M
- Status: announced
- Products: packaging film, BoPET film
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Flex Américas](https://endata.com/companies/9852.md)

## Sources

- [milenio.com](https://www.milenio.com/politica/comunidad/flex-americas-invertira-500-mdd-altamira-anos), 2022-11-03: "se tiene listo un presupuesto de 300 millones de dólares."

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