INVESTMENT NEWS

Northeast

Steel Dynamics

The renowned steel company is fulfilling the plan that was envisioned when Donald Trump was president, to expand its horizons and grow. They have made a 100 million dollar purchase in the state of St. Louis to own land on which their new steel plant will be located and operations will take place. This plant brings with it a vote of confidence by a strong American company, and approximately 3,000 jobs will be generated.

Bharat Forge

Another of Tesla’s suppliers will seek to set up in the State of Nuevo Leon, as part of Governor Samuel Garcia’s plan, which seeks to make Tesla’s investment in Monterrey as comfortable as possible for them. The amount of investment by the Indian company dedicated to the automotive industry, specifically auto parts, is not known.

Leoni Cable

The leading company in innovation with products and services for energy and data management in the automotive industry seeks to produce cables for hybrid cars with a new plant in Cuahutemoc, Chihuahua, with an investment of 16.8 million dollars.

BRP

BRP Inc. confirmed the construction of an additional boat manufacturing plant in Chihuahua, Chihuahua. The new plant represents an investment of 220 million dollars and will generate 1,300 new jobs.