TE Connectivity Builds its 4th Plant in Morocco for $15 Mln
The Swiss-based technology company TE Connectivity, which designs and manufactures automotive sensors, is expanding its activities in Morocco wherein the car industry is booming.
TE will build a new plant in the Tangier automotive city. The factory, to cost over 15 million US dollars, is the fourth of its kind in the North African Kingdom. This new project, which is expected to create more than 500 jobs, is part of Morocco’s industrialization acceleration plan.
An agreement was signed lately in this regard by TE’s vice-president, Matthias Lechner and Moroccan minister of Industry, Trade, Green & Digital Economy, Moulay Hafid Elalamy.
“This new investment shows Morocco’s attractiveness and confirms its position as a global hub for the manufacturing and export of components and vehicles,” says TE.
In 2016, this company opened in Tangier two plants, one for the production of sensors and the other for the production of plastic injection systems and assembly of components and technical wiring.
In 2017, TE launched its third unit specializing in the molding and assembly of sensors for trucks. TE technologies and innovation make vehicles safer, greener and more connected. To transport passengers safely and efficiently, vehicles need data. Its vehicle sensors can sense and respond to changing conditions, inside and out.
TE’s automotive sensors help provide the data for control, adaptation and response of vehicle functions that increase safety, comfort, and efficiency.