ZF expands its presence in Ciudad Juárez
Mexico Now | March 30, 2023 |

ZF Group has an ongoing investment of US$150 million in its second plant in Ciudad Juárez. The site will manufacture up to 1,000 inverters.

Armando Cadena López, ZF's plant director, said construction is 70% complete and the site will start operating in January 2024.

Consult here: Mexicali prepared to satisfy the growing need for industrial supply on the border

“Juárez is a key player in electromobility. We were chosen among five sites to make this new product and we won because we have a highly qualified labor force”, said Cadena López.

The new plant already has three clients. Cadena López reported that the site already has US$850 million in committed sales.

Of interest: The following industrial submarkets capitalized on Monterrey's demand during 2022

ZF Group will invest in this site until 2029. The first phase will end in 2026 with an investment of US$200 million and the second phase with US$300 million will end in 2029. The new building is in the south of Ciudad Juárez.

In Solili you can consult industrial warehouses available in Monterrey and Saltillo

Original note

Stay up to date with the most important news to the real estate

Subscribe Solili Newsletter

  
Advertisinginfo