POSCO Invests $100 Million Dollars for a New Plant in Coahuila

POSCO invests $100 million to establish a plant in Ramos Arizpe, Coahuila, creating around 200 direct jobs and contributing to the electric vehicle cluster by producing motor components for electric vehicles.

POSCO expands its operations in Mexico with a new property. Photo: POSCO Group.

07/08/2022

POSCO, with an investment of $100 million, laid the foundation stone for its plant in the Amistad "Chuy María" Industrial Park in Ramos Arizpe, Coahuila. According to the statement, the Korean company will create approximately 200 direct jobs in the municipality.

As part of their project for Coahuila, the Ramos Arizpe plant will include an Electric Vehicle Cluster, as it will produce motor components for electric vehicles.

Read the full article (in Spanish).

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