Spanish auto supplier Grupo Antolin is expanding as it nails down contracts to deliver parts for future global electric vehicles.
The plans include a new plant in Cuautitlán, Mexico, to provide door panels and instrument panels for an EV that Ford Motor Co. will make in Mexico for a global market, the company said in a news release.
Antolin expects to employ more than 100 workers in the facility, which will incorporate advanced technology and processes. Additional work will be done at existing Antolin plants in Toluca and Arteaga, Mexico.
In addition, Antolin is set to supply all models of Volkswagen AG's new EV platform — 32 new electric models, 21 of which haven't yet hit the market — including electric cars for a growing market in China.
"Mobility of the future is an area that will provide opportunities for business and growth for the Grupo Antolin," the Burgos-based company said in an April 4 announcement. "The company is developing more integrated products, which include more technology and electronics, offering further lighting functions and solutions as well as reducing weight."
Antolin is an interior parts specialist but has been expanding its reach as it grows, including an announcement in February it is teaming with Chinese lighting supplier HiRain Technologies Co. Ltd. to develop new interior and exterior lighting systems.
The lighting unit is Antolin's smallest business, accounting for 349 million euros ($392 million) in sales in 2018. Its other three interior parts business accounted for the bulk of its 5.4 billion euros ($6 billion) in sales with its overhead business unit accounting for 2.06 billion euros ($2.3 billion), doors seeing 1.88 billion euros ($2.1 billion) and cockpits and consoles worth 1.12 billion euros ($1.26 billion).
Antolin ranked No. 2 in the most recent Plastics News survey of North American injection molders, with estimated molding sales of $1.56 billion.