# ZF Foxconn Chassis Modules opens $42.9M plant in Toluca, Mexico

ZF Foxconn Chassis Modules opened a new chassis modules assembly plant in Toluca, Mexico, with a €39.6 million (US$42.9 million) investment. The plant will produce front and rear axle and corner module suspensions for electric and hybrid vehicles, creating up to 150 jobs.

- Type: New facility
- Announced: 2024-05-28
- Where: Toluca, Mexico, Mexico
- Value: $42.9M
- Jobs: 150
- Starts operating: Jul 2024
- Status: completed
- Products: chassis modules, axle systems, suspension components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [ZF Foxconn Chassis Modules](https://endata.com/companies/77688.md)

## Sources

- [mexicobusiness.news](https://mexicobusiness.news/automotive/news/zf-foxconn-chassis-invests-us429-million-new-mexico-plant), 2024-05-28: "ZF Foxconn Chassis Modules (ZFFCN) has announced the opening of its latest chassis modules assembly plant in Toluca, Mexico."
- [quiminet.com](https://www.quiminet.com/noticias/zf-foxconn-chassis-modules-inaugura-planta-en-estado-de-mexico-para-ejes-de-vehiculos-electricos-5103267.htm), 2024-06-26: "ZF Foxconn Chassis Modules, fabricante global de componentes de la industria automotriz, inauguró una nueva planta en Toluca, México, destinada a la producción de ejes para vehículos eléctricos, con una inversión de 39.6 millones de euros y la creación de 150 empleos."

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