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Chinese Furniture Company Man Wah Will Add 8,000 Jobs in Nuevo Leon
Man Wah, a furniture manufacturer, is expanding its plant in Salinas Victoria, initially investing $200 million and creating 4,000 jobs.
They plan to invest an additional $100 million and generate another 4,000 jobs, expanding the plant to 200,000 square meters.
Man Wah, a furniture manufacturer, is expanding its plant in Salinas Victoria. Photo: Hofusan.
By: SiiLA News
08/11/2022
Furniture manufacturer Man Wah has announced an expansion of its plant located in the Hofusan Industrial Park in Salinas Victoria. In the initial stage, the company will invest $200 million, creating 4,000 jobs, as stated by CEO Bill Chan.
Within two to three years, Man Wah plans to proceed with a second phase of investment, involving $100 million in capital and the creation of an additional 4,000 jobs.
The expanded plant will cover an area of 200,000 square meters and position Man Wah as a frontrunner in research, development, manufacturing, marketing, and service, according to the company's executive.
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.
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