# Lingong Machinery Group to build electric articulated elevator plant in Nuevo León

Lingong Machinery Group (LGMG) will build a new production plant for electric articulated elevators in Marín, Nuevo León, Mexico, with an investment of $140 million, creating around 1,400 jobs.

- Type: New facility
- Announced: 2022-06-30
- Where: Marín, Nuevo León, Mexico
- Value: $140.0M
- Jobs: 1,400
- Status: announced
- Capacity: 30 hectares
- Products: electric articulated elevators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Lingong Machinery Group](https://endata.com/companies/63817.md)

## Sources

- [promexicoindustry.com](https://www.promexicoindustry.com/en/article/the-chinese-company-lingong-machinery-group-invests-140-million-dollars-in-nuevo-leon), 2022-06-30: "Lingong Machinery Group (LGMG), a Chinese-owned company, will build a new production plant for electric articulated elevators."
- [finance.yahoo.com](https://finance.yahoo.com/news/chinese-firm-build-140-mln-223451242.html), 2022-06-30: "China's Lingong Machinery Group (LGMG) plans to build a $140-million plant in the northern Mexican border state of Nuevo Leon to manufacture aerial construction lifts, the state government said on Thursday."
- [mexico-now.com](https://mexico-now.com/lingong-machinery-group-invests-us140-million-in-nuevo-leon/), 2022-07-01: "By working together, we will accelerate the plant's production in Mexico and thus promote the expansion and optimization of the industrial chain in Mexico, strengthening local industry and businesses."
- [siila.com](https://siila.com/news/chinese-company-build-new-production-plant-nuevo-leon/4277), 2022-07-04: "Chinese company Lingong Machinery Group (LGMG) has announced its plans to build a new electric lift production plant in Nuevo León, Mexico, with an investment of $140 million"

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