On August 12, multiple sources reported that Serbia is providing a EUR 29 million subsidy to Minth Automotive Europe for its new plants in Serbia. The Government will provide a subsidy for the construction of a new factory in Loznica, which will create 600 new jobs. The Government will also provide a subsidy for a ne
On May 27, multiple sources reported that the Serbian President, during his visit to China, announced that Chinese companies have committed to an investment of EUR 953 million in Serbia. It will create 1,650 new jobs in Serbia.
Linglong Tire will invest EUR 566 million. It will create 400 new jobs at Linglong's exist
On March 6, Taiwan-based Minth Group Limited announced plans to turn a former steelmaking site in Gadsden, Alabama into its largest-ever campus in a USD 430 million investment. The Gadsden plant, which is expected to be a flagship U.S. facility with nearly 1 million square feet of manufacturing space, is expected to
Minth Group Limited (Minth Group) announced that it has signed a framework agreement with Suzhou Leaderdrive Harmonic Drive Technology Co., Ltd. (Leaderdrive) on the key terms for the proposed establishment of a joint venture (JV) in the United States.
The JV plans to engage in the design, manufacturing, and commerci
On September 28, multiple sources reported that the Minister of Industry and Mineral Resources, Saudi Arabia, during his visit to Shanghai, met with the officials of Minth Group to discuss cooperation in automotive supply chain development. They also discussed industrial cooperation and transferring technologies for
On July 23, the Suez Canal Economic Zone (SCZONE) announced that its delegation had travelled to the Chinese province of Zhejiang. They visited a plant of the Lynk & Co factory in Ningbo to localize the automotive industry and to learn about modern technology in car manufacturing.
The delegation also participated in
On July 18, the Government of Serbia signed two memoranda of understanding (MoU) with Minth Holdings Limited. As part of the agreement, the company will invest EUR 950 million over the next five years to build new industrial plants for the automotive industry in Leskovac and Ćuprija.
The new major investment will cre
On November 3, the Development Agency of Serbia announced that the Government of the Republic of Serbia and Minth Holding signed a memorandum of understanding (MoU) for investment projects in the field of development and logistics in Inđija and Belgrade.
The MoU envisages new investment projects that include the esta
Mexico Industry reported that Minth Group has announced its plans to expand in Mexico.
This plan includes the creation of 5,000 new jobs by 2027. 1,500 positions will be created between 2024 and 2025. The company's expansion in Mexico is part of its effort to maintain its leadership in the industry and meet the growi
Several South Korean media sources reported that Minth Group Ltd. of China celebrated the completion of its first South Korean plant in Asan-si, Chungcheongnam-do.
The leading aluminum battery case manufacturer plans to produce and deliver the parts to Hyundai Motor Company and Kia Corporation. The entry into South K
On July 9, Minth announced a new investment in the Mexican state of Aguascalientes of USD 57 million for a new expansion plan in the state.
The investment will be done for the expansion of the metals division, creating around 1,200 new jobs.
"We continue to trust Aguascalientes as the best state to invest in, the saf
On July 4, the government of the Republic of Serbia adopted the conclusion on the adoption of the text of the memorandum of understanding between the Republic of Serbia and Minth Holdings Limited, to establish a new production facility in Inđija, Serbia.
During the ten-year investment period, an investment level of E
It was announced that Minth Group will invest USD 173.5 million in the Mexican state of Aguascalientes to build two plants.
One of them will be dedicated to the production of aluminum casings for EV batteries, while the other will do the painting process for auto parts, generating both 1,600 new direct jobs.
Minth Gr
Minth Group Ltd. (Minth Group) announced the holding of a ceremony to commemorate the first battery case coming off the production line at Minth ElectriCity Technology, a French joint venture (JV) with Renault Group. Located in the Industrial Zone of Ruitz in northern France, the JV operates at existing Renault Group
InoBat, a battery manufacturer based in Slovakia, announced that it has signed a memorandum of understanding (MoU) with Minth Group Limited (Minth Group) for electric vehicle innovation, cell-to-pack integration, developing recycling solutions, accelerating the transition to green energy, and collaboration on local p
The city of Šabac, Serbia announced that Minth United Alloy - Teck Europe, which is engaged in the production of aluminum castings for electric car batteries and operates in the Northwestern Industrial Zone, is planning to employ 161 workers by the end of 2023. The 25,000 square meters plant is built with an investme
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