# LGMG opens $140M plant in Marín, Nuevo León

Chinese company LGMG (Lingong Machinery Group) inaugurated a new production plant in Marín, Nuevo León, Mexico, with an investment of $140 million. The facility will manufacture electric scissor lifts and articulated booms, and is expected to generate up to 7,000 new jobs.

- Type: New facility
- Announced: 2023-12-07
- Where: Marín, Nuevo León, Mexico
- Value: $140.0M
- Jobs: 7,000
- Starts operating: 7 Dec 2023
- Status: completed
- Capacity: 20,000 units per year
- Products: electric scissor lifts, electric articulated booms
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [LGMG](https://endata.com/companies/69205.md)

## Sources

- [excelsior.com.mx](https://www.excelsior.com.mx/nacional/inauguran-primera-planta-lgmg-en-nl/1624078), 2023-12-08: "La empresa china LGMG (Lingong Machinery Group) puso en marcha este jueves su nueva planta de producción, ubicada en Marín, Nuevo León."
- [border-now.com](https://border-now.com/lgmg-inaugurates-its-first-plant-in-nuevo-leon/), 2023-12-11: "This is the first step, these are the first US$200 million for the first factory of many to come in this joint announcement of US$5 billion in first level Chinese companies such as LGMG."
- [vertikal.net](https://vertikal.net/en/news/story/42949/lgmg-completes-mexican-plant), 2023-12-19: "The new facility will supply a range of platforms, starting with electric articulated boom lifts, for the North American market."

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