We use cookies and similar methods to offer the best experience to all visitors and to remember their preferences. Please take a moment to review our Privacy Policy. By tapping “accept”, you consent to the use of these methods.

SMI - GERAL Q1 2026
+0.64 % 291.76
=
INCOME RETURN
+2.21 % +
APPRECIATION RETURN
-1.57 %
USD / MXN
0.00 % 17.48
GDP (Quarterly, Millions)
-1.24 % 29,325,765.23 PTS
CPI
0.00 % 3.94 PTS
Reference Rate
0.00 % 6.50 PTS
Closing IPC
0.00 % 67,060.49 PTS
UDIs
0.00 % 8.81 PTS

Siemens Announces the Expansion of Its Monterrey Operations Plant

  • Siemens expands operations in Santa Catarina, Nuevo León, with a $683 million investment and the construction of a new facility, creating 450 new jobs in addition to the existing workforce of over 1,400 employees.

Photograph of the expansion of Siemens' plant in Mexico. Photo: Mercado&Consumo.
Photograph of the expansion of Siemens' plant in Mexico. Photo: Mercado&Consumo.
06/01/2022
Siemens has announced the expansion of its operations plant in Santa Catarina, Monterrey, in the state of Nuevo León. The project, named Mitras, involves an investment of $683 million pesos and the construction of a new building spanning 17,926 square meters.

The German company aims to produce 874,000 plastic pieces per day in this facility. 

Currently, the Santa Catarina factory provides job opportunities to over 1,400 individuals, and with the new building, an additional 450 new jobs will be created, in addition to the previously announced plan to create 600 jobs in October 2021.

Latam
Mexico
Nuevo Leon
Industrial
Market Analytics
Investments

ABOUT SiiLA

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.

Zolver

Perhaps Technology Isn’t as Digital as It Seems
06/25/2026
10% of Companies Drive Industrial Growth. But They Aren’t the Largest
06/22/2026
Mercado Libre, Poised to Take Mexico’s Industrial Crown
06/16/2026
Ten Years Later, Aeroméxico Returns to Reforma 445
06/11/2026
Negative Net Absorption in Bajío Retail: Crisis or Mirage?
06/10/2026

Transactions


Stefan Paul leads Kuehne+Nagel, whose industrial footprint in Mexico exceeds 400,000 sqm. Photo: SiiLA.
Kuehne+Nagel Grows Like Logistics: Between Factories and Consumers
Flavio Eom leads LG Electronics Mexico. Photo: SiiLA.
LG Pays a Premium to Macquarie in a Slower Apodaca

Nearshoring

James Li leads Honor, which absorbed space in Hofusan in 2026. Photo: SiiLA.
Hofusan and the Limits of Asia’s Industrial Model in Mexico
Lorenzo Berho leads Vesta, which delivered one of the largest industrial buildings in Q1 2026, totaling more than 67,000 sqm. Photo: SiiLA.
How Can the Boom End Without Ending the Expansion?

Trusted by Leading Publications

Exclusive Access

Join our mailing list for Real Estate News, Events, Insights & Resources.

SiiLA News on Mobile - Stay Updated Anytime, Anywhere. Read Latest Real Estate News from your phone