Eaton invests $85 million to increase manufacturing capacity at Mexico facility
Oct. 26, 2023
The project will also generate 300 new jobs for the surrounding area.
Eaton has announced plans to increase investments in North American manufacturing. The company will spend $85 million to enhance production of its solutions that help support essential electric grid infrastructure projects. Eaton will use the investment to increase manufacturing capacity at its Queretaro, Mexico facility by adding new injection presses and manufacturing equipment. The project will also generate 300 new jobs for the surrounding area.
In a recent quote, Mike Yelton, president, Americas Region, Electrical Sector at Eaton, said, “Unprecedented changes are reshaping the energy industry - from electrification to the energy transition, digitalization and infrastructure projects. We have the industry’s broadest portfolio of utility solutions, and we work with most of the utilities in North America. Our solutions are essential to modernize and decarbonize distribution systems, and we’re making steady investments to address growth and bolster our manufacturing capacity.”
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.
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