A press release said that expansion of the plant in Cuauhtémoc, which opened in 1998, was made to meet the increasing market demand. Over the next five years, Leoni will invest approximately $16.8 million for additional production equipment. The expansion is expected to result in at least 30 new jobs.
During the opening ceremony, Bill Livengood, president of Leoni Cables North America, expressed his gratitude for the excellent cooperation with the state of Chihuahua and the city of Cuauhtémoc. Guests at the celebration included the Governor of Chihuahua, Maria Eugenia Campos; the Secretary of State for Economic Affairs, Maria Angelica Granados; and local officials.
The Cuauhtémoc plant has become an important player in the automotive cables business in NAFTA. It manufactures a broad product portfolio ranging from simple single-core cables to complex multi-core cables for driver assistance systems and data cables for autonomous driving is answering the needs of Tier 1 and Tier 2 customers in North America.
In 2020, Phase I of a project called EMOMEX (E-Mobility Mexico) was accomplished. It included an investment of $27 million in equipment and machines for the design, development and production of high-voltage cables and cables for charging systems. More than 120 new employees were hired.