Economic news
Lego to invest over $200 million to expand plant in Nuevo Leon, Mexico – state govt
2023.11.14 19:29
© Reuters. A view of a Lego logo inside a store in Copenhagen, Denmark August 29, 2023. REUTERS/Tom Little/File Photo
MEXICO CITY (Reuters) – 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.