# Doosan Bobcat to build new plant in Monterrey, Mexico

Doosan Bobcat will invest approximately KRW 400 billion to build a new 65,000 m² plant in Monterrey, Nuevo León, Mexico, to produce loaders for the North American market. Construction is expected to be completed by early 2026, increasing loader production capacity by about 20%.

- Type: New facility
- Announced: 2023-11-08
- Where: Monterrey, Nuevo León, Mexico
- Value: $300.0M (400.0B KRW)
- Starts operating: 2026
- Status: announced
- Capacity: 20% increase in loader production capacity
- Products: loaders (M-series and R-series)
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Doosan Bobcat](https://endata.com/companies/11956.md)

## Sources

- [mk.co.kr](https://www.mk.co.kr/news/business/10869313), 2023-11-08: "새로운 거점 구축으로 인한 생산 역량 확대는 추가적인 장기 성장의 발판이 될 것"
- [koreaherald.com](https://www.koreaherald.com/article/3253157), 2023-11-08: "Korean construction equipment maker Doosan Bobcat said Wednesday it will build a production base worth $300 million in Monterrey, Mexico, situated close to the US-Mexico border, to boost supply chain efficiency and cater to the increased post-pandemic demand within North America."

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