MONTERREY, Nuevo León — The Danish toy manufacturer Lego has announced a major expansion of its plant in Monterrey, Nuevo León.
The Lego Group will invest up to USD $800 million to bump capacity at the seven-year-old factory, generating as many as 3,000 new jobs.
Construction is to begin before the end of the year, with the new manufacturing capacity coming online in 2018. Exact details of the expansion and the investment will depend on future demand for LEGO products, said a company executive.
Investments in new manufacturing capacity were also announced for Denmark and Hungary.
The company said it has recorded double-digit growth every year during the past decade.
The enlarged Mexico factory, in the municipality of Cienega de Flores near Monterrey, will be engaged in moulding LEGO System bricks, and processing and packaging. It has 3,500 employees today, a number that could rise to 6,500, depending on sales.
The existing plant measures 150,000 square meters, which could be increased to as much as 340,000, again depending on sales, the company said.
It was just over a year ago the company completed its most recent expansion in Nuevo León, adding 48,000 square meters to the factory and creating 1,000 jobs.
more recommended stories
AMLO’s security plan: Will it really bring the murder rate down?
On November 14th Mr López Obrador,.
Mexican officials quitting top jobs with AMLO set to take office in two weeks
According to Bloomberg, key Mexico officials.
“El Chapo’s” trial shows that not all is well in Mexican law enforcement …
According to THE ECONOMIST, CHIEF AMONG.
It’s official: Mexico will hold “referendum’ on 8 billion USD Maya Train Project
Mexico’s president-elect Andres Manuel Lopez Obrador.
Magic and color at León FIG 2018!
With an attendance of five thousand.
“Buen Fin” could leave an economic spill of 6 billion pesos in Yucatán: CANACO SERVYTUR
The business sector of the state.
American pastor joins the “Migrant Caravan” to find out the truth
Stephanie Martin, is a freelance journalist,.
Cancun has seen a 19% reduction in hotel prices from 2018 to 2019
If you’re a British traveler looking.
Trova International Festival to be held in Yucatan Dec. 14-16
A couple of weeks after the.
Yucatán wins 17 medals at the National Fencing Selective Tournament 2018
The Yucatan Fencing Team has returned.