LTP Group will set up in Coahuila with an investment of 8 million dollars

LTP Group establishes a furniture manufacturing plant in Coahuila, Mexico, with an investment of $8 million and the creation of 300 jobs.

This is one of LTP Group's furniture and textile factories. Photo: LTP Group.

By: SiiLA News

11/05/2021

LTP Group arrives in Coahuila with an investment of 8 million dollars to establish a manufacturing plant in the Amistad Industrial Park in the municipality of Ramos Arizpe.

The company, originally from Denmark, specializes in furniture manufacturing and plans to occupy a four-thousand-square-meter site, creating 300 jobs in the region.

Henrik Holmgaard Olsson, CEO of Contract Furniture at LTP Group, stated that the company currently operates nine plants worldwide, divided into furniture and clothing divisions, and the Ramos Arizpe facility will be the tenth.

Furthermore, he emphasized that they chose Coahuila and the southeastern region due to customer demand for a quick solution to serve the North American market.

Read the full article (in Spanish).

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