# Siemens to invest 683M pesos in Monterrey plant expansion

Siemens will invest 683 million pesos to build a new 17,926 sqm building at its Monterrey plant in Santa Catarina, Nuevo León. The expansion will produce 874,000 plastic pieces daily and create 450 new jobs.

- Type: Expansion
- Announced: 2022-06-06
- Where: Santa Catarina, Nuevo León, Mexico
- Value: $34.0M (683.0M MXN)
- Jobs: 450
- Status: announced
- Capacity: 874,000 plastic pieces daily
- Products: low voltage items, plastic pieces
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Siemens](https://endata.com/companies/301.md)

## Sources

- [promexicoindustry.com](https://www.promexicoindustry.com/en/article/siemens-will-invest-683-million-pesos-in-nuevo-len-to-improve-production-capacities), 2022-06-06: "Siemens and the Government of Nuevo León confirmed the project called 'Mitras Project' which involves an investment of 683 million pesos."

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