# ZF Foxconn Chassis Modules opens €39.6M NOVA Plant in Toluca, Mexico

ZF Foxconn Chassis Modules has expanded its JIS/JIT plant in Toluca, Mexico with the NOVA Plant, a €39.6 million investment. The 8,000 m² facility produces front and rear axle suspensions and corner modules for electric and hybrid vehicles.

- Type: Expansion
- Announced: 2024-09-08
- Where: Toluca, State of Mexico, Mexico
- Value: $44.0M (39.6M EUR)
- Jobs: 150
- Starts operating: Jul 2024
- Status: completed
- Products: front and rear axle suspensions, corner modules for electric and hybrid vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [somosindustria.com](https://www.somosindustria.com/articulo/zf-foxconn-chassis-modules-opens-new-industrial-plant/), 2024-09-08: "Starting this July, our high-tech production lines will set new standards for axle system assembly."

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