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Thursday, 24 January 2019 13:41
Finance
TI Automotive announces a second plant in Morocco
Thursday, 24 January 2019 13:41
(Ecofin Agency) - The American fluid system manufacturer TI Automotive plans to build a second plant in Morocco for an investment of €16 million, the Moroccan media Le Matin reported.
The group has chosen to build the plant in the industrial platform of Tanger Med and the site should produce 4.5 million meters of tubes yearly to be supplied to European automobile constructors.
TI Automotive that built its first Moroccan plant at Tanger free zone employs 23,000 collaborators on 130 industrial sites in 29 countries.
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