QUERÉTARO, Mexico, Oct. 24, 2023 /PRNewswire/ -- KOSTAL today cut the ribbon on its newest production facility in North America, a new 20,000-square-meter plant in the FINSA III Industrial Park. The project was completed in less than 12 months and will be the first manufacturing facility for production of power electronic components for electric vehicles in North America.
The advanced plant with focus on clean and sustainable operations is KOSTAL's fourth manufacturing site in Mexico and the first in North America to produce automotive power electronics, including On-Board Chargers (OBC) for electric vehicles, creating 750 new jobs in the region.
"This is a significant investment for KOSTAL and a significant investment in North America to deliver our technology to electric vehicle producers," said company owner Andreas Kostal. "We are responding to the rapidly growing market and will be ready to supply integrated energy solutions to our original equipment manufacturer customers and their consumers."
"This location positions KOSTAL as a key player in the transition towards e-mobility and as a pioneer in the development of electro-mobility in Mexico and the U.S.," said KOSTAL Automotive North America CEO, Dr. Harry Asher. "The new facility will allow us to efficiently serve our customers' production operations in North America."
Present at the inaugural event were among others Mr. Andreas Kostal, Chairman of KOSTAL Group; Mr. Kai Knickmann, CEO of KOSTAL Automotive; Dr. Tino Naumann, CSO of KOSTAL Automotive and Dr. Harry Asher, president & CEO KOSTAL Automotive North America. KOSTAL also invited local and state authorities, such as Mr. Mauricio Kuri González, Governor of the State of Queretaro; Mr. Marco Antonio del Prete Tercero, Ministry for Sustainable Development of the State of Querétaro; and Ms. Liliana San Martín Castillo, Head of the Ministry of Labor and Social Welfare of the State of Queretaro, among other dignitaries.
KOSTAL's North American customers include the most of the major OEMs operating in the U.S., Canada and Mexico.
About KOSTAL
Based in Germany, KOSTAL has been a family-owned company for over 100 years. It has 53 locations in 21 countries. KOSTAL's automotive business is focused on comfort electronics, power electronics and comfort and drive controls, supplying virtually all major automotive manufacturers around the globe. In North America, it has 3,600 employees at five locations, including its North American headquarters in Troy, Michigan, and facilities in Alabama and Mexico. KOSTAL is celebrating 50 years of operation in Mexico in 2023. Learn more at https://www.KOSTAL.com/en-gb/
SOURCE Kostal North America
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