# Maxion invests 1.3 billion pesos to expand plant in Coahuila, Mexico

Maxion Structural Components announced an investment of 1.3 billion Mexican pesos to expand its Plant 3 in Coahuila, Mexico, creating 500 new jobs. The expansion is driven by nearshoring trends.

- Type: Expansion
- Announced: 2024-08-16
- Where: Coahuila, Mexico, Mexico
- Value: $70.0M (1.30B MXN)
- Jobs: 500
- Status: announced
- Products: automotive structural components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Maxion Structural Components](https://endata.com/companies/79238.md)

## Sources

- [tyt.com.mx](https://www.tyt.com.mx/nota/maxion-invierte-1300-mdp-en-coahuila-para-expandir-operaciones-por-nearshoring), 2024-08-16: "La empresa Maxion Structural Components anunció la inversión de 1,300 millones de pesos que le permitirá expandir su Planta 3 y generar 500 nuevos 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.