Germany-based auto supplier Continental started operations in recent days at a new brake components plant located in San Luis Potosi after a year of construction work and US$ 167 million invested.
The company hired 97 workers for the initial phase and expects to increase its workforce up to 250 by next year. By 2019 the plant will have a 518 workers staff and is expected to reach 990 employees once it achieves its full capacity.
The facility will manufacture hydraulic brake systems that will integrate solutions for actuation, modulation and brake pressure, as well as to provide information to the electronic system, and their interface with vehicle systems.
This plant will also supply turbo chargers, which is a centrifugal actuated by a shaft coaxial, a centrifugal compressor for compressing gas to get more power in the vehicle.
This the 16th plant Continental operates in Mexico along with two Research and Development centers.