European automotive supplier Edscha has laid the cornerstone for its new plant in the Mexican city of San Luis Potosí.
According to Edscha, the first products slated to come off the production line in the Mexican plant are expected in December of this year, with the first machines to be installed as early as September.
“With our new site in Mexico, we come a big step closer to our goal of expanding the global presence of Edscha and taking production to the customer,” said Chief Executive Officer of Edscha, Torsten Greiner.
In the new plant, Edscha will reportedly manufacture its entire product range, with the first products to be door hinges, door checks, liftgate hinges and hood hinges, with and without pedestrian protection systems.
During the first construction phase, the new Edscha plant will occupy around 3,800m2 and employ some 60 persons at the end of 2016. The plant is scheduled to grow to as much as 10,000m2 and some 300 employees during the coming years.
“The NAFTA region is a growth market and the site in San Luis Potosí is ideal for us, owing to good educational facilities and a well-developed infrastructure. Mexico as a location offers further advantages – one is the resolute free-trade policy that the government pursues. Mexico has free trade agreements with more than 42 countries,” said Greiner.