Leoni Wiring Systems opened its 10th factory in Romania, in Beius, after a EUR 17.5 million investment to refurbish an industrial facility. The plant produces wiring systems for commercial vehicles and is expected to employ 1,200 workers.
Leoni Wiring Systems plans to invest 188 million Moroccan dirhams (approx. $18.8 million) by 2028 to build a new automotive wiring manufacturing unit in the Agadir Souss-Massa Industrial Acceleration Zone. A protocol agreement was signed on May 30, 2023.
Seven companies in automotive, aerospace, medical and textile industries announced a combined investment of 5,542 million pesos in Yucatán, Mexico, expected to create 10,570 direct and 34,700 indirect jobs. Companies include SYM Servicios Integrales, Leoni Wiring Systems, PCC Airfoils, Vertical Knits, Vidrios Millet and Eme Red Hospitalaria Mérida.
| Site | Largest | Latest |
|---|---|---|
| Beius, Romania | $19.0M | 2023-06-29 |
| Agadir Souss-Massa Industrial Acceleration Zone, Morocco | $18.8M | 2023-05-30 |