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Queretaro Receives Significant Investment of MD for a New Plant
Querétaro receives a multimillion-dollar investment for a new plant by Grupo KOSTAL, generating 750 jobs and showcasing advanced technology.
The German company expands its presence in Mexico with four facilities. Photo: Kostal
12/07/2022
Grupo Kostal has announced the construction of its third plant in Querétaro, with an impressive investment of 2.097 billion pesos (mdp).
The new facility, spanning 41,000 square meters, will be located at Finsa III Industrial Park, along the San Luis Potosí - Querétaro Highway, km. 23. According to the company's statement, this expansion will generate 750 new jobs and feature state-of-the-art advanced technology.
With this expansion, the German company now has a total of four plants in Mexico, solidifying its position as one of the pioneering enterprises in the country for over half a century.
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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