Lennox opens fourth plant in Mexico with $125 million

Tuesday, 26 November 2024 12:36:17 (GMT+3)   |   San Diego

Lennox International Inc., a manufacturer of products for the heating, ventilation, air conditioning (HVAC) market, opened its fourth plant in the northern Mexican state of Coahuila, now with $125 million in the city of Ramos Arizpe, the local government reported.

Lennox International CEO Alok MasKara said that this investment is the largest the company has ever made. The new plant will strengthen the commercial equipment sector.

At the start of operations of the factory, 900 new jobs were generated in the town.

The new Lennox plant is located near one of DeAcero's steel mills in the country.

Similar articles

German company Güntner opens fifth plant in Mexico

Mexican government meets with Whirlpool to boost investment

Fixed investment in Mexico down 1.9 percent in August

Japanese Kawasaki invests $200 million in new plant in Mexico

Canada-based Samuel opens $25 million plant for railroad parts in Mexico

Fixed investment in Mexico grew 3.9 percent in July

BBVA: Manufacturing production in Mexico will gradually recover in 2025

FDI to Mexico at $31.1 billion in the first half of 2023

Steel producer prices in Mexico down 3.4 percent in July

German Bosch inaugurates $260 million refrigerator factory in Mexico