TOKYO -- Koito Manufacturing will invest 33 billion yen ($234 million) to expand production capacity for automotive lighting equipment in the Americas by fiscal 2026, the Japanese company said on Tuesday.
Koito will build a new plant in Mexico slated to come online in April 2026. This will boost the company's annual capacity for headlights and rear combination lights in the country by around 60% to 4.8 million units.
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