German auto parts company will invest in Mexican plant

Thursday, 28 September 2023 22:16:35 (GMT+3)   |   San Diego

German company Brose, which produces components and systems for doors, seats and vehicle bodies, will build its fifth production plant in Mexico. The company exports 80 percent of its production, according to a local press report.

“We will invest in a new plant, we currently have three, this would be a fourth plant (in Querétaro). (...) We are going to produce all the window movement systems,” said the general director of Brose México, Manuel Guevara Salinas, according to the newspaper El Economista.

Brose arrived in Mexico 25 years ago and currently has four plants (3 in the state of Querétaro and one in the also central state of Puebla). It employs more than 2,900 workers.

According to Guevara Salinas, so far neither the location nor the investment amount for the fifth floor has been defined. It will be in a couple of months when the location will be reported.

The new plant will generate at least 600 new jobs. Additionally, in May, the company began an expansion process in one of its plants in Querétaro with the investment of around $22 million, which contemplated hiring 110 more people.


Similar articles

Mexico’s Tyasa invests in bar finishing technology

22 Aug | Steel News

Mexican auto production, exports, and sales decline in April

30 May | Steel News

Production of light vehicles in Mexico declined in February

27 Mar | Steel News

Mexican government to invest public resources to manufacture electric vehicles

07 Jan | Steel News

New vehicle sales in Mexico up 1.9 percent in December

07 Jan | Steel News

Mexico's automotive exports down 2.5 percent in November

30 Dec | Steel News

HR Ratings ratifies investment grade credit rating of Mexican Minera Autlán

30 Dec | Steel News

Mexico's automotive trade flow hits new all-time high in October

27 Dec | Steel News

Heavy truck production in Mexico up 2.0 percent in November

11 Dec | Steel News

AMDA sees 1.5 million new vehicles sold in 2024 in Mexico

10 Dec | Steel News