The Chinese company Lingong Machinery Group invests 140 million dollars in Nuevo León

Nuevo León

By Perla Eunice

Lingong Machinery Group (LGMG), a Chinese-owned company, will build a new production plant for electric articulated elevators . The new plant will be located in the Roots Aeropuerto industrial parkin Marín, Nuevo León. The company announced that, together with two of its main suppliers, they will occupy an area of ​​around 30 hectares and will generate around 1,400 new jobs. 

“We believe that with our joint work we will accelerate the production of the plant in Mexico; In this way, we will promote the expansion and optimization of the industrial chain in Mexico, strengthening local industry and businesses,” said Yu Mengsheng , president of LGMG.

He added that the production of articulated electric lifts made in the state will be destined for export and sale in the United States; on the other hand, whose objective is to encourage more companies in the LGMG production chain to invest in Monterrey.

Mario Gutiérrez , owner of the Roots industrial park, mentioned that “it is an honor that LGMG and its suppliers have chosen our park to establish operations in Nuevo León and Mexico. We want to do everything in our power to help make your project very successful.”

Lingong Machinery Group is one of the leading construction machinery manufacturers, one of the top 100 companies in the machinery industry, and one of the four largest groups in the construction machinery industry in China.

During the investment announcement, authorities such as Iván Rivas , Secretary of the Economy of Nuevo León, and Andrés Ochoa , President of the Board of Directors of Invest Monterrey, assured that they will support the company to carry out its operations successfully.