Leoni is celebrating the further expansion of its automotive cables location in Cuauhtémoc, Mexico. Many guests attended the celebration, including the Governor of Chihuahua, Maria Eugenia Campos, the Secretary of State for Economic Affairs, Maria Angelica Granados, the Local Deputy Saul Mireles and the Deputy Mayor of Cuauhtémoc, Elias Humberto Perez.
Since its foundation in 1998, Leoni Cable in Cuauhtémoc, Mexico, has become an important player in the automotive cables business in NAFTA. 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 North America’s Tier 1 and Tier 2 customers. Charging and high voltage cables for Electromobility applications are the latest addition to the portfolio and experience a quickly growing demand that requires expanding production facilities.
Growth of product diversity, capacity and jobs
In 2020, Phase I of a project called EMOMEX (E-Mobility Mexico) was accomplished. It included an investment of USD 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 highly qualified employees were hired.
In 2022, the now-celebrated expansion was necessary to satisfy the increasing demand from the market. With the new building, the production area has been increased by more than 40% to 10,723 m². In the next 5 years, Leoni will invest appr. USD 16.8 Million in corresponding production equipment. The expansion is accompanied by the creation of at least 30 new jobs.
At the occasion of the opening ceremony, Bill Livengood, President of Leoni Cables North America, once again expressed his gratitude for the excellent cooperation with the state of Chihuahua and the city of Cuauhtémoc.
Image source: Courtesy of Leoni
Read more Wire & Cable news here