# Metelmex to invest $5M in new heavy-industry plant in Monclova, Coahuila

Mexican industrial company Metelmex announced a $5 million investment to build a new plant in Monclova, Coahuila, serving Mexican and US markets with heavy-industry products for the rail sector, creating 485 jobs within two years.

- Type: New facility
- Announced: 2023-05-22
- Where: Monclova, Coahuila, Mexico
- Value: $5.00M
- Jobs: 485
- Status: announced
- Products: heavy-industry products for the railway sector
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Metelmex](https://endata.com/companies/10598.md)

## Sources

- [nearshorer.com.mx](https://nearshorer.com.mx/2023/05/22/anuncia-metelmex-inversion-de-5-mdd-para-construccion-de-planta-en-monclova/), 2023-05-22: "ha anunciado una inversión de cinco millones de dólares para la construcción de una nueva planta en la ciudad de Monclova"

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