# Terex inaugurates $140 million plant in Nuevo León, Mexico

Terex Corporation, through its subsidiary Genie, inaugurated a new plant in Ciénega de Flores, Nuevo León, Mexico, with an investment of $140 million. The plant will manufacture steel platforms for lifting and handling cargo and will employ 1,500 people.

- Type: New facility
- Announced: 2023-10-12
- Where: Ciénega de Flores, Nuevo León, Mexico
- Value: $140.0M
- Jobs: 1,500
- Starts operating: 12 Oct 2023
- Status: completed
- Capacity: over 1,000,000 square feet
- Products: steel platforms for lifting and handling cargo, work lifts and platforms
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Terex Corporation](https://endata.com/companies/15079.md)
- [Genie](https://endata.com/companies/17807.md)

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/american-terex-to-invest-140-million-in-a-new-plant-in-nuevo-len-mexico-1310117.htm), 2023-10-12: "Terex Genie, an American company dedicated to the manufacturing of construction platforms and elevators, today inaugurated its new plant in Nuevo León, which will employ 1,500 people and is consolidated with an investment of $140 million."
- [somosindustria.com](https://somosindustria.com/articulo/terex-inaugura-planta-en-nuevo-leon/), 2023-11-01: "Estamos muy emocionados de establecer y hacer crecer nuestro equipo y operaciones en Nuevo León."

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