With an expansion of 10,000 square meters (m2) to manufacture products for the residential sector aimed at the US market, Trane began expanding its production plant in Monterrey, Nuevo León.
Construction began in January 2023 and was completed last July, which implies a 40% growth in exports to the United States, said Daniel Córdova, director of the Trane Monterrey Plant.
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He added that “this project also reinforces the confidence of the global team in the high quality standards and the ability of our team and facilities to meet market expectations. With this expansion we will be able to satisfy the growing demand for our products and services inside and outside the country”.
The investment amounts to 18 million dollars and is focused on adapting the facilities for the manufacture of a residential package from 3 to 5 tons, in high demand in the United States, but which was previously manufactured in the eastern part of the neighboring country.
According to the president of the Nuevo León Home Appliances Cluster, the geographical location of the plant places them right in the middle of the United States, which will allow them to distribute this product to any part of the country in a more strategic way.
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The expansion of the plant adds to the nearshoring phenomenon in terms of foreign investment in Nuevo León, in which around 30% of the projects are focused on the manufacturing industry; Historically, the state has been the preferred destination for foreign companies to manufacture industrial and commercial air conditioning, heating, and refrigeration equipment, who have invested more than one billion dollars since 1999.
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