The U.S. power management company Eaton announced last week that it will expand operations in Querétaro, where it currently manufactures equipment for subway power lines, including connectors and lightning arresters.
With an investment of US $85 million, the company’s plans include upgrading the location’s equipment and expanding the space by 92,500 square feet, to increase manufacturing capacity in Querétaro by 50%. The expansion is expected to begin in 2024.
Recent investments by Eaton total $750 million in the North American region alone, including an $80 million investment in its El Paso, Texas plant to increase production of circuit breakers, switchboards, panelboards and other assemblies.
Components manufactured by Eaton are used in the mining, rail, gas and petroleum and data management industries.
“We are delighted to expand our operations to meet the growing demand from electric utility companies throughout the Americas,” said Mike Yelton, president of Eaton’s electrical sector in the Americas region.
Eaton has 22 manufacturing plants in Mexico, in 11 states. The Bajío region, which includes Querétaro, is home to seven Eaton locations, employing more than 5,000 people. The company expects to create an additional 300 jobs.
Eaton was certified as a “Top Employer in Mexico 2023” by the Top Employers Institute for the fourth consecutive year. The company employs approximately 92,000 people worldwide.
After Querétaro, Eaton’s Ciudad Juárez plant is next in line for an expansion, according to a company press release.
With reports from El Economista, Expansión and Mexico Now
Source: Mexico News Daily
