# Kern-Liebers invests $10M to expand Monterrey facility, creating 300 jobs

German company Kern-Liebers held a ribbon-cutting ceremony for the expansion of its manufacturing facility at Finsa Guadalupe Industrial Park in Monterrey, Mexico. The $10 million investment is expected to create 300 jobs and produce 50 million high-precision parts for automotive, textile, medical, and consumer goods industries.

- Type: Expansion
- Announced: 2023-01-27
- Where: Monterrey, Nuevo Leon, Mexico
- Value: $10.0M
- Jobs: 300
- Starts operating: 27 Jan 2023
- Status: completed
- Capacity: 50 million high-precision parts annually
- Products: high-precision strip and wire parts, assemblies
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Medical Devices](https://endata.com/sectors/medical-devices.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Kern-Liebers](https://endata.com/companies/68137.md)

## Sources

- [investmonterrey.com](https://www.investmonterrey.com/investment-announcements/german-kern-liebers-invests-10-million-usd-in-monterrey/), 2023-01-27: "Kern Liebers is investing $10 million USD in expanding its facility in Monterrey, which is expected to create 300 jobs."

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