Valeo Launches a Mega-Factory in Texas and Creates 500 Jobs
Valeo has begun construction of a new state-of-the-art factory in McAllen, Texas, dedicated to producing systems for vehicles with centralized software architecture. This investment is part of the automotive industry's transformation and the group's strategic plan 'Elevate 2028'.
Valeo is investing in a new 31,308 square meter facility in McAllen that will create up to 500 new jobs in the region. The site will produce, among other things, the central computing unit for General Motors, a liquid-cooled system powered by next-generation processors. This unit processes vast amounts of data from multiple sensors and systems to control essential vehicle functions. This new establishment in the United States will enable delivery of one of the largest orders in Valeo's history and supports the transformation of the industry towards vehicles with centralized software architecture, in line with the objectives of the 'Elevate 2028' strategic plan.
Production Commencement
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Production is scheduled to start at the end of 2027. Jeffrey Shay, President of Valeo North America, stated that the group is 'proud to contribute to the technologies that equip the next generation of vehicles with centralized software architecture' and grateful for 'the opportunity to expand our operations with General Motors in the state of Texas'.
Nous avons poursuivi l'amélioration de notre rentabilité et nous avons concrétisé le tournant attendu en matière de génération de cash, atteignant un niveau record de cash issu des opérations.
Le communiqué souligne une bonne dynamique commerciale et une amélioration continue de la rentabilité et de la génération de cash, avec des prises de commandes en hausse et des objectifs financiers pour 2026.
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