With the objective of increasing its presence in the automotive sector nationally and internationally, Valeo Sistemas Eléctricos announced a project in which it will invest 29 million dollars to build a new production plant in the municipality of Lerma.

The company intends to boost its position as a supplier to the Stellantis value chain, which has one of its most important plants in the country in Toluca, and which is currently preparing to produce electric vehicles in the coming years.

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Valeo has been present in Mexico since 1990, with which it has strengthened with innovation and permanent improvements to the automotive sector at the national level, and currently has 16 production plants and three research centers throughout the country.

Valeo has a presence in Toluca with its production plant and a research center that strengthen the company's integration, competitiveness and efficiency.

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At the Toluca facilities, this company has more than 650 employees and sales of 90 million euros, which places it as one of the main plants in the country in the production of automotive cooling systems.

The investment project announced for the municipality of Lerma, contemplates the construction of a production plant, which will generate 220 new jobs of which.

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