ZF to Build Mexico Chassis FacilityApril 13, 2023
ZF has announced an investment of approximately €39.6 million through 2024 to expand its manufacturing capabilities in Toluca, Mexico. The firm plans to establish a new manufacturing site—expected to create an additional 150 jobs during the next 2 yr.—approximately 8000 sq. m. larger than the existing plant it replaces. The new plant will provide just-in-sequence manufacturing of front- and rear-axle and corner-module suspensions—including brake and drive components—for passenger electric vehicles. Construction is scheduled to be completed during Q3 2023.
ZF’s investment in Toluca is the latest in a series of significant investments the company has made in Mexico during the past several years. In 2022, for example, it invested more than €46 million to increase production of control arms, stabilizer-bar links and steering knuckles at a separate site in Toluca.
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