Ariston Group to Invest in New Water Heater Plant in Mexico

Ariston Group to Invest in New Water Heater Plant in Mexico

Mexico: Ariston Group has announced an investment of MX$157 million (7.7 million USD) to establish a new manufacturing facility in Saltillo, Coahuila. The project, which is expected to create more than 120 jobs, will focus on producing gas and electric water heaters for the United States and Canadian markets. Construction of the 40,000m² facility on a 75,000m² site is scheduled to begin in October 2025, with operations planned to start in early 2026. The plant will include expanded warehouse capacity for raw materials and finished products.

The investment will be financed through reinvested earnings and distributed across phases, beginning with 2.3 million USD in the first year, 2.6 million USD over the following two years, and 2.8 million USD in later years. According to Coahuila’s governor, this project contributes to a total of MX$150 billion (70 billion USD) in domestic and foreign investment in the state during his administration. Founded in 1930, Ariston Group operates in more than 40 countries, specialising in thermal solutions such as water heaters and solar systems.

Source: Mexico Business News