The Korean supplier to the automotive sector, POSCO International, inaugurated this day its most recent plant in Mexico, POSCO International México E-Mobility, located in the Amistad Chuy María Industrial Park, in Ramos Arizpe, Coahuila.

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The investment amounts to 100 million dollars and generates 200 direct jobs. The investment that had been announced on July 11, 2022 by the governor of Coahuila, Miguel Riquelme, was built in less than 15 months and is now ready to begin operations in its first stage.

The core manufacturing plant for electric motors for electric vehicles (EV) will play an important role as the company's strategic base in the face of growing demand for EV vehicles in North America.

The 17,800 square meter plant will have the capacity to produce 650,000 units of electric motor cores by 2025, and in subsequent phases it will increase to 1.5 million by 2030; This will represent 21% of the group's global production capacity.

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This will be the Korean group's first production site in North America, and was located in Mexico due to its strategic advantages and thanks to orders from vehicle manufacturers in the region amounting to $460 million dollars, such as GM and KIA. Currently, a second warehouse is being built in the complex with a size of 34,500 square meters.

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