Posco International to build second auto parts plant in Ramos Arizpe, Mexico

Posco International confirmed plans to build a second plant in Ramos Arizpe, Mexico, for traction motor cores for electric vehicles. Construction will begin next month, with operations expected in March 2025. Combined capacity of both plants will be 2.5 million units per year by 2030.

“It is already confirmed, the investment announcement for a second plant in Ramos Arizpe has already been made.”steelorbis.com

• 1 source
• steelorbis.comPosco will invest in Mexico in a second auto parts plant for EVsMar 6, 2024

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