Schneider Electric to build $29M plant in Monterrey, Mexico

Schneider Electric will invest $29 million in a new plant called 'Monterrey 4' in Nuevo León, Mexico, specializing in low-voltage electrical distribution panels. It is expected to be fully operational by early June 2024 and create over 300 jobs.

“Estamos orgullosos de fortalecer nuestro compromiso con México y Nuevo León al inaugurar una planta que, además de crear más de 300 nuevos empleos, será una instalación Engineer-to-Order (ETO).”eleconomista.com.mx

• 3 sources
• eleconomista.com.mxSchneider Electric invertirá 29 millones de dólares en nueva planta de MonterreyKarol GarcíaFeb 19, 2024
• mexico-now.comSchneider Electric invests US$29 million in Monterrey - MEXICONOWJorge SaldañaFeb 20, 2024
• mexicobusiness.newsSchneider Electric to Invest US$29 Million in MonterreyMar 7, 2024

Summarized from public sources; check the original articles before acting on it.