# Jensen Metal invests EUR 6.2M in new production facility in Liepaja

LSEZ Jensen Metal SIA commenced construction of a new 5,900 square meter production facility in Liepaja, Latvia, with an investment of EUR 6.2 million, expected to create 90 jobs and begin production in summer 2025.

- Type: Expansion
- Announced: 2024-07-15
- Where: Liepaja, Latvia
- Value: $6.75M (6.20M EUR)
- Jobs: 90
- Starts operating: Q2 2025
- Status: under construction
- Products: stainless steel, ferrous metal, and aluminum parts and equipment
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [LSEZ Jensen Metal SIA](https://endata.com/companies/78591.md)

## Sources

- [investinlatvia.org](https://investinlatvia.org/en/news/jensen-metal-invests-eur-6-2m-in-new-production-facility), 2024-07-15: "Jensen Metal plans to invest EUR 6,200,000 in this expansion."

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