Overview
- The expansion is expected to create more than 2,000 direct jobs, with Franke opening with 200 employees and ABB’s plant set to reach over 1,600 workers.
- Franke’s $82 million factory will produce kitchen equipment for export to U.S. restaurant chains and is projected to grow to 500 staffers.
- ABB is investing $12 million to boost production of medium- and low-voltage distribution technology essential for Mexico’s national grid.
- Franke’s new Escuela Franke has begun training local technicians in high-precision welding to support advanced manufacturing operations.
- In 2024 Swiss firms invested $540 million in Mexico, making Switzerland the country’s ninth-largest foreign investor and reflecting growing confidence in high-value manufacturing partnerships.