Korean automotive firm SL MEX has made an preliminary funding of US $45 million to determine a brand new manufacturing plant within the Logistik II industrial park, positioned in Villa de Reyes, San Luis Potosí, about 50 kilometers south of the state capital.
The announcement was made by Governor Ricardo Gallardo Cardona, who famous that the institution of SL MEX represents a agency step towards the diversification and modernization of San Luis Potosí state’s automotive trade.
The plant, led by Kyungsoo Koo, president of SL MEX, is already constructed and operations are anticipated to start within the coming months. It covers 8.9 hectares, together with a constructing of greater than 14,000 sq. meters.
The manufacturing facility will manufacture automotive headlight modules for main international manufacturers resembling BMW, Common Motors, Hyundai and Kia.
With 12 manufacturing traces and an put in capability to fabricate as much as a million modules per yr, the corporate will generate 385 direct jobs, strengthening regional financial growth and including worth to the automotive provide chain. SL MEX estimates annual gross sales of US $144 million by 2030.
The corporate’s funding provides to a constructive nearshoring development in San Luis Potosí, which attracted US $642 million in new investments throughout the first quarter of 2025, most of it by the automotive trade. Nearly all of the state’s international direct funding tasks to date this yr are related to auto elements corporations and car producers, together with the manufacturing of electrical automobiles and elements resembling lithium batteries.
🔧🚗 SL MEX consolida su presencia en San Luis Potosí con una inversión de 45 MDD
Con el respaldo del Gobernador Ricardo Gallardo, la empresa coreana instala su planta en Logistik II, Villa de Reyes, donde fabricará módulos de faros para BMW, GM, Hyundai y Kia. pic.twitter.com/66gtnpF3NM— SEDECO SLP (@sedecoslp) June 20, 2025
SL MEX is the Mexican arm of SL Company, established in South Korea in 1954. The multinational firm is headquartered in Gyeongsan, South Korea, and produces automotive lighting methods, in addition to chassis, mirrors, and front-end modules.
It has crops in Korea, the USA, India, China, Brazil, and Poland. Its annual gross sales as a conglomerate are round US $4 billion.
With reviews from El Son de San Luis, Líder Empresarial, Cluster Industrial
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