# Magna International to build 11th Coahuila plant with $166M investment

Magna International will invest $166 million to build its 11th factory in Ramos Arizpe, Coahuila, Mexico, creating 700 jobs. The plant will manufacture electrical and structural parts for vehicles.

- Type: New facility
- Announced: 2024-03-13
- Where: Ramos Arizpe, Coahuila, Mexico
- Value: $166.0M
- Jobs: 700
- Status: announced
- Products: electrical parts, structural parts, chassis, platforms
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Magna International](https://endata.com/companies/2534.md)

## Sources

- [mexiconewsdaily.com](https://mexiconewsdaily.com/business/magna-to-expand-operations-in-coahuila-with-us-166m-investment/), 2024-03-21: "We all work to ensure that any business that sets up in Coahuila prospers, and security is a fundamental priority in achieving this."

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