# LG Electronics to build $245M plant in Querétaro, Mexico

LG Electronics announced an investment of 3.5 billion Mexican pesos (approx. $245M) to build a new plant in Querétaro, Mexico, producing cameras, LEDs, motors, and automotive components, creating 630 jobs in the first phase.

- Type: New facility
- Announced: 2025-09-23
- Where: Querétaro, Mexico
- Value: $245.0M (3.50B MXN)
- Jobs: 630
- Status: announced
- Products: cameras, LEDs, motors, automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [LG Electronics](https://endata.com/companies/11457.md)

## Sources

- [noticiasdequeretaro.com.mx](https://noticiasdequeretaro.com.mx/2025/09/23/invierte-lg-3-mil-500-mdp-en-nueva-planta-en-queretaro/), 2025-09-23: "Una nueva planta para Querétaro, donde van a invertir cerca de tres mil 500 millones de pesos, la primera parte tendrá más de 630 empleados."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.