# Daye begins construction of $120M power tools plant in Nuevo Leon

Chinese company Daye has begun construction of its first plant in Mexico, located in Parque Hofusan, Salinas Victoria, Nuevo Leon. The $120 million investment will generate 2,000 direct jobs, with operations expected to start in July 2023.

- Type: New facility
- Announced: 2022-11-29
- Where: Salinas Victoria, Nuevo Leon, Mexico
- Value: $120.0M
- Jobs: 2,000
- Starts operating: Jul 2023
- Status: under construction
- Products: power tools, smart garden products
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Daye](https://endata.com/companies/66940.md)

## Sources

- [mexico-now.com](https://mexico-now.com/daye-will-invest-us120-million-in-nuevo-leon/), 2022-11-29: "For this project, the company will invest US$120 million and will begin operations in July 2023."

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