XCMG to invest $50M in new Monterrey plant

XCMG Xuzhou Construction Machinery Group announced an investment in Mexico to establish a new production plant in Monterrey, Nuevo León. The first phase is over $10 million, with a second phase of $40 million planned for 2023. The plant will create 235 jobs and produce scissor lifts for the North American market, with full production expected by end of 2022.

“XCMG Xuzhou Construction Machinery Group Co., Ltd. announced an investment in Mexico, to establish a new production plant in Monterrey, Nuevo León.”promexicoindustry.com

• 1 source
• promexicoindustry.comXCMG Construction Machinery will invest 50 million dollars to establish itself in Nuevo LeónMEXICO INDUSTRYMar 9, 2022

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