Sumitomo Wiring Systems to build US$ 30 million plant in Durango, state gov’t says
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Sumitomo Wiring Systems (SWS), a subsidiary of Japanese multi-sector giant Sumitomo Group, plans to invest up to US$ 30 million to build a plant in the state of Durango, Northern Mexico, announced the state Government in a statement.
According to state officials, the facility, whose precise location is not yet disclosed, will start operations in 2019 with staff of 500 workers, which will gradually increase to 1,500 over the next two years.
The company manufactures a wide range of wiring harnesses and electronic components for combustion engine, hybrid and electric vehicles, but neither the authorities nor the company specified what products will be manufactured in the new plant.
According to the statement the new site will be the company’s fifth location in Mexico. However, it’s worth nothing that SWS operates nearly 20 plants in the country through different subsidiaries, as well as a technical center in the city of Toluca.