Automotive components plant to expand in Botetourt
Metalsa Structural Products Inc., a Mexico-based automotive components company, plans to spend $6.4 million to expand its manufacturing operation in Botetourt County.
The expansion is expected to add 25 positions to an existing workforce of 230.
Virginia successfully competed with Mexico for the project.
Founded in 1956, Metalsa is a subsidiary of Grupo Proeza based in Monterrey, Mexico.
The company, which employs more than 13,500 workers globally, makes structural components for light and commercial vehicles.
Its products for passenger cars and light trucks include chassis frames, cross members, suspension modules, fuel systems, and body structural stampings and assemblies.
The company also makes chassis frames and side rails for heavy trucks and buses.
Metalsa has a presence in North and South America, Europe, Asia and Africa.
The Virginia Economic Development Partnership worked with Botetourt County and the Roanoke Regional Partnership to secure the project for Virginia and will support Metalsa’s job creation through the Virginia Jobs Investment Program (VJIP). The program provides consultative services and funding to support employee training activities.