Directors of the company ZG Group and representatives of the Government of the State of Mexico held a meeting to announce the new investment by the company in its Toluca complex.

The investment plan will be one billion pesos for the expansion of the plant, ZF will seek to increase the capacity of the plant to meet the needs of its customers, in addition to generating more than 150 new jobs in the region within the next two years, beginning with the hiring of personnel immediately.

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The leading global mobility firm plans to begin expansion in the second quarter of 2022 to begin operations at the end of this year. The plant, located in the city of Toluca, currently has 264 people working there, manufacturing control arms, stabilizer bar links and tie rod ends, mainly for the North American market.

ZF continues to grow in Mexico, home to one of the largest populations of company employees anywhere in the world, and we are proud to continue to meet the needs of our customers with this expansion,” said Dale Chon, Vice President of the North American Region, for Automotive Chassis Technology, of the ZF Group.

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 With world-class engineering, manufacturing and many other professional skills, the Toluca site is a valuable part of ZF's operations in North America and an important part of our success.

The new investment project for its Toluca plant will be completed in 2023. Currently, this complex produces steering and suspension components, among others, and has sales of 53 million dollars, which will be strengthened with the increase in its production.

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