# Optibelt opens first phase of new production facility in Querétaro, Mexico

The Arntz Optibelt Group inaugurated the first phase of a new production facility in San Juan del Río, Querétaro, Mexico, with an investment of 500 million pesos (approx. EUR 23 million) and creation of more than 90 jobs. The company plans to invest a total of 1.5 billion pesos (approx. EUR 69 million) by 2027, creating over 600 jobs.

- Type: New facility
- Announced: 2024-10-11
- Where: San Juan del Río, Querétaro, Mexico
- Value: $26.0M (500.0M MXN)
- Jobs: 90
- Starts operating: 11 Oct 2024
- Status: completed
- Products: power transmission belts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Arntz Optibelt Group](https://endata.com/companies/80621.md)

## Sources

- [optibelt.com](https://www.optibelt.com/us/home/news/?cHash=eae704ade417b36eedae20ae470d90b8&tx_news_pi1%5Baction%5D=detail&tx_news_pi1%5Bcontroller%5D=News&tx_news_pi1%5Bnews%5D=1457), 2024-10-24: "This facility marks a milestone in our history. It will allow us to offer shorter delivery times to our customers on the entire American continent and to support them with increased product availabilities."

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