# Allied Machinery to build precision parts plant in Monterrey, Mexico

Allied Machinery plans to build a new production base in Monterrey, Mexico, with a first-phase investment of $56.6 million and annual capacity of 380,000 precision parts. Construction will take two years.

- Type: New facility
- Announced: 2023-07-21
- Where: Monterrey, Mexico
- Value: $56.6M
- Status: announced
- Capacity: 380,000 precision parts per year
- Products: precision parts, compressor parts, engineering machinery parts, farm machinery parts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Allied Machinery](https://endata.com/companies/12801.md)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/chinas-allied-machinery-plans-to-build-plant-in-mexico-to-serve-north-american-clients), 2023-07-24: "Allied Machinery will set up a project company in Monterrey to invest in, build, and operate the new factory."

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