HL Klemove Confirms Construction of facility in Coahuila

HL Klemove is set to build a new plant in Arteaga, Coahuila, with a $65 million investment, creating over 500 jobs.

New plant in Arteaga, Coahuila, Mexico. Photo: HL Klemove. Photo: HL Klemove

09/21/2022

HL Klemove announces a new plant in Arteaga, Coahuila, with an investment of 65 million dollars and the creation of over 500 jobs. This initiative will support their key clients in North America, Hyundai Motors and Kia. During the event, HL Klemove's president, Yoo Ho Kim, highlighted the company's expertise in personalized autonomous driving and mobility.

The plant is expected to be operational by July 2023 and will manufacture components for electric vehicles, including front cameras, radars, and DCU chassis, for both Hyundai Motors and Kia, as well as OMD. The company president also emphasized the strategic choice of Coahuila and how this investment will strengthen HL Klemove's position as a key provider of autonomous parts and solutions in North America.

The Governor of Coahuila, Miguel Ángel Riquelme Solís, underlined the significance of Korea as the fourth largest investor in the region. During this period, 14 new projects with a total investment of 213 million dollars have been announced.

Prominent figures present at the event included local deputy Edna Ileana Dávalos Elizondo, State Secretary of Economy Claudio Bres Garza, HL Klemove's Director of Finance Taehwam Ahn, and the Plant's General Manager Hyunsoo Kim.

Read the full article in Spanish.

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