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Home > News > Market News

ENGEL invests in new multi-faceted facility in Mexico

Source:Adsale Plastics Network Date :2024-05-07 Editor :RC
Copyright: This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

Together with Queretaro Government, ENGEL announced its investment in Queretaro, Mexico during a meeting at the Mexican Embassy in Vienna, Austria by the end of April.


ENGEL_investment in Mexico_480.jpg


Gerhard Stangl, CPO ENGEL Group (2nd from right), together with Mauricio Kuri González (3rd from right), Governor of Queretaro, and other representatives of the government at the joint investment announcement in the Mexican Embassy, Vienna.

 

With an investment of about EUR 30 million, the European injection molding manufacturer will build a new multi-faceted facility in Queretaro, Mexico. The land ENGEL is going to purchase is around 70,000 square meter.

 

This expansion will benefit customers in the United States of America, Canada, Mexico, and South America from the capacity and expertise delivered by ENGEL. The new facility in Queretaro also complements the market presence of the well-established North American subsidiary.

 

The expansion is especially important for ENGEL as it is the company’s goal to establish optimal sales, logistics, and production structures for each of the three major regions: Europe, Asia, and Americas.


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