Hyundai Mobis to invest 450bn won to build auto parts plant in Mexico
Hyundai Mobis
Seoul - Yonhap
Hyundai Mobis Co., South Korea's largest auto parts maker and an affiliate of Hyundai Motor Co., said Friday it will invest about 450 billion won (US$417.8 million) to build a core parts producing plant in Mexico
Under a memorandum of understanding signed with the Mexican state government of Nuevo Leon on Thursday, Hyundai Mobis will build a factory there by the end of 2016, the company said in a news release.
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