ZALAEGERSZEG, HUNGARY – Flex will invest about $11.7 billion in its auto electronics manufacturing plant here, according to reports.

The investment will create 100 new jobs, the reports added.

The Hungarian government said it would extend some $3 million in a non-repayable grant.

Flex will introduce surface treatment technology at the site, increasing overall capacity.

Flex manufactures and supplies auto parts in 34 locations in 16 countries for more than 450 models.

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