Chinese auto parts manufacturer begins $30 million plant expansion in Mexico

Friday, 17 March 2023 22:24:36 (GMT+3)   |   San Diego
       

With an investment of $30 million, Chinese auto parts company Xinquan launched an expansion of its factory in Aguascalientes, Mexico, where it created 600 more jobs, the state government reported.

The company Xinquan Mexico Automotive Trim arrived in Aguascalientes in 2021 with an investment of $40 million and two years later, the company reported revenues of $150 million from products such as steel panels for doors, according to the press release citing Tang Zhihua, global president of Xinquan .

The governor of Aguascalientes, Maria Teresa Jimenez Esquivel, inaugurated the expansion of Xinquan.


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