# Lingong Machinery Group to establish industrial park in Nuevo Leon, Mexico

China's Lingong Machinery Group will establish an industrial park in Nuevo Leon, Mexico, expected to generate $5 billion in investments, with clusters for processing, manufacturing, warehousing, logistics, and business support.

- Type: New facility
- Announced: 2023-10-16
- Where: Nuevo Leon, Mexico
- Value: $5.00B
- Status: announced
- Products: industrial machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Lingong Machinery Group](https://endata.com/companies/63817.md)

## Sources

- [reuters.com](https://www.reuters.com/business/chinas-lingong-mexico-plant-generate-5-billion-investment-2023-10-16/), 2023-10-16: "China's Lingong Machinery Group (LGMG) will establish an industrial park in Mexico's northern state of Nuevo Leon that is expected to generate $5 billion in investments."

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