This photo, captured from the homepage of ZKW Group, shows its plant in Mexico.
SEOUL, Sept. 3 (Korea Bizwire) — Austrian automotive lighting system firm ZKW Group, which was purchased by LG Electronics Inc. in 2018, said Thursday that it will more than double the size of a plant in Mexico to expand production output.
ZKW’s Silao plant in Mexico has been engaged in the production of premium lighting systems since 2016. The company will expand the floor space of the Mexican plant by 21,000 square meters, to a total of 35,000 square meters.
The Silao plant is engaged in the production of headlamps for global automakers such as BMW AG, General Motors Co. and Daimler AG.
With the expansion of production lines, the plant’s annual production output will increase to 2 million units.
Early this year, ZKW’s order backlog reached an all-time high, a volume enough to keep it busy over the next three years.
As of the end of last year, LG’s vehicle component solutions (VS) division had an order backlog of about 60 trillion won, of which ZKW accounted for more than 20 percent.
J. S. Shin (js_shin@koreabizwire.com)
