Parker Hannifin To Invest US$60 Million in Toluca
Parker Hannifin is planning a US$60 million investment to upgrade and expand its facilities in Toluca, State of Mexico, increasing production of cooling systems for data centers serving markets in Asia and North America.
The project includes a 20% increase in the company's workforce, creating new job opportunities in the area. The expansion is expected to strengthen Parker Hannifin's manufacturing capacity, particularly across production lines related to data center infrastructure.
The investment was announced during the signing of a partnership agreement between Parker Hannifin and the Toluca City Council, led by Mayor Ricardo Moreno. During the meeting, officials said the funds would be used to expand the company's facilities and acquire new equipment to increase production capacity.
Laura González Hernández, Secretary of Economic Development for the State of Mexico, highlighted the project's potential to strengthen industrial activity, increase manufacturing capacity, and create new jobs. She also noted that the investment contributes to the state's industrial growth, which reached 8.2% in the second quarter of 2026.
Representing Parker Hannifin, General Manager Marco Chávez and Marketing Division Manager Edgar Reza highlighted the company's commitment to expanding its production capacity and developing local talent in Toluca, while also emphasizing the city's potential to support the company's growth.
Through the US$60 million investment, Parker Hannifin is set to expand its manufacturing capacity for data center cooling systems and increase its workforce in Toluca, further strengthening its position as a supplier to markets across Asia and North America.
