Sboll is Your Go-to Source for the Latest Finance News, Covering Markets, Banking, Investments, Economy and Stocks.
⎯ 《 Sboll • Com 》

Lego to invest over $200 million to expand plant in Nuevo Leon, Mexico - state govt

2023-11-15 08:17
MEXICO CITY Toymaker Lego will invest more than $200 million to expand its plant in the northen Mexican
Lego to invest over $200 million to expand plant in Nuevo Leon, Mexico - state govt

MEXICO CITY Toymaker Lego will invest more than $200 million to expand its plant in the northen Mexican state of Nuevo Leon, the state's government said on Tuesday.

The government cited two figures for the investment: $205 million and $250 million. A spokesperson did not immediately respond to a request for clarification about the size of the funds set to go toward the expansion.

Lego did not immediately respond to a request for comment.

Operations in the new areas will begin in May 2025, Nuevo Leon said in a statement.

(Reporting by Kylie Madry)