The plant extension, named NOVA Plant, represents an investment of €39.6 million and has created approximately 150 new jobs.
NOVA Plant covers 8,000 square meters and features high-capacity assembly lines for the just-in-sequence manufacturing of front and rear axle suspensions, as well as corner modules for electric and hybrid passenger vehicles. The company anticipates starting serial production in July of this year.
![With this new plant, the company now has four facilities in Mexico: two in Toluca, one in Aguascalientes, and one in San Luis Potosí.](/media/img/notas/500x500_-_2024-06-30T170250.419.jpg)
She also noted that this plant will become the fourth facility in Mexico for Tier 1, well-positioned to support customers and add local and regional value, fostering the next-generation mobility.
Eike Dorff, Executive Director of ZF Foxconn Chassis Modules, expressed pride in the inauguration of the fourth operational plant in Mexico. “Starting this July, our high-tech production lines will set new standards for axle system assembly,” he stated.
Global Company
It is noteworthy that the company currently operates in 25 worldwide locations. In Mexico, it has four plants: two in Toluca, one in Aguascalientes, and one in San Luis Potosí, employing approximately 3,500 people.