# Siemens Mexico to invest MX$900M in Queretaro plant expansion

Siemens Mexico will invest MX$900 million (US$52.7 million) over five years to expand production at its Queretaro plant, aiming to double electrical technology output.

- Type: Expansion
- Announced: 2023-11-24
- Where: Queretaro, Mexico
- Value: $52.7M (900.0M MXN)
- Status: announced
- Products: electrical technology
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Siemens](https://endata.com/companies/301.md)

## Sources

- [mexicobusiness.news](https://mexicobusiness.news/automotive/news/siemens-mexico-invest-mx900-million-queretaro-expansion), 2023-11-24: "Siemens Mexico is set to invest MX$900 million (US$52.7 million) over the next five years to expand production at its plant in Queretaro."

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