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Continental and Faurecia expand operations in San Luis Potosí
Solili | April 29, 2021 |

At the end of 1Q 2021, the industrial market of San Luis Potosí reported an outstanding performance in the construction sector. These are companies that decided to increase their investment in the country and expand their activities. The investment will generate greater sources of employment, in addition to strengthening its operations and its presence in the automotive industry nationwide.

The first is the German company Continental. This company has decided to invest more than 60 million euros to expand its operations in its plant located in the Colinas de San Luis Potosí Industrial Park.

The expansion will be 20 thousand square meters, which began construction during the first quarter of this year, and is expected to conclude in October 2022. It will produce disc brakes and electronic brakes, which will be supplied to BMW and General Motors. Likewise, it is estimated that this new investment will generate 350 additional jobs to the current 650.

It might interest you: San Luis Potosí attracts foreign investment and stimulates the industrial real estate market
On the other hand, GP Desarrollos will carry out the construction of 11,935 square meters for the expansion of operations of the Faurecia plant, located in the Logistik II Industrial Park. The French company is dedicated to the manufacture and assembly of inputs and mechanisms for vehicle interiors. The company seeks the addition of 150 new collaborators, who will be dedicated to research and, mainly, to manufacturing.

For its part, the Eaton company also expands its operations in the Tres Naciones Industrial Park. The American company, dedicated to the manufacture of electrical components, occupied about 9 thousand square meters.

It may interest you: Solili National Industrial Real Estate Report 1Q 2021
Despite the impact suffered during the past year derived from the health contingency, the industrial market in Potosí is beginning to show signs of recovery. The creation of new jobs, as well as the investment made in the expansions are an example of this.

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