Lingong Machinery Group (LGMG) inaugurated its first production plant in Marín, Nuevo León, with a $140 million investment. The plant will manufacture scissor lifts and electric articulated booms, creating 7,000 jobs.
Lingong Machinery Group (LGMG) signed a memorandum of understanding with the government of Nuevo Leon to invest $5 billion in the state, creating 7,000 jobs. The project includes a new plant for articulated electric elevators, an industrial park, and will be implemented in three phases starting with land acquisition in October 2023, with first phase completion in July 2024.
China's Lingong Machinery Group will establish an industrial park in Nuevo Leon, Mexico, expected to generate $5 billion in investments, with clusters for processing, manufacturing, warehousing, logistics, and business support.
Lingong Machinery Group (LGMG) broke ground on a new plant in Marin, Nuevo Leon, Mexico, to produce articulated electric elevators for export to the United States. The investment is US$140 million and will generate 1,400 jobs.
Lingong Machinery Group (LGMG) will build a new production plant for electric articulated elevators in Marín, Nuevo León, Mexico, with an investment of $140 million, creating around 1,400 jobs.
| Site | Largest | Latest |
|---|---|---|
| Marín, Mexico | $140.0M | 2023-12-08 |
| Nuevo Leon, Mexico | $5.00B | 2023-10-17 |
| Marin, Mexico | $140.0M | 2022-09-14 |