Doosan Bobcat Expands Production Base to Mexico... "Responding to North American Market Demand"

Target Completion in 2026 with 400 Billion KRW Investment
Vice Chairman Park Ji-won: "Supporting Doosan Bobcat's Sustainable Growth"

Doosan Bobcat is building a new factory in Mexico to respond to the continuously increasing demand for construction equipment products in the North American market. This is the first time that Doosan Group is constructing a production plant in Mexico.

Park Ji-won, Vice Chairman of Doosan Group (left), is shaking hands with Samuel Garcia, Governor of Nuevo Leon, ahead of the groundbreaking ceremony for Doosan Bobcat's new factory in Mexico.
[Photo by Doosan Bobcat]

On the 13th (local time), Doosan Bobcat held a groundbreaking ceremony for a small loader production plant in Monterrey, Mexico, the company announced on the 14th. The ceremony took place at the new factory site within the Interpuerto Monterrey Industrial Complex in Nuevo Le?n, Mexico. About 200 people attended, including Doosan Group Vice Chairman Park Ji-won, Doosan Bobcat Vice Chairman Scott Park, Doosan Bobcat North America Regional Manager Mike Volweber, Doosan Group executives, Samuel Garc?a, Governor of Nuevo Le?n, the Minister of Economy of Nuevo Le?n, partners, and local media.

Doosan Bobcat plans to invest approximately 400 billion KRW (300 million USD) to build a 65,000㎡ (20,000 pyeong) factory, aiming for completion in 2026. The plant will produce Doosan Bobcat's 'M-Series' small loaders to supply the North American market.

Mexico is a strategic location bordering the United States and serves as a global production hub with tariff-free benefits under the United States-Mexico-Canada Agreement (USMCA), solid manufacturing infrastructure, and skilled labor. Once the new factory in Mexico is operational, Doosan Bobcat's loader production capacity for the North American market is expected to increase by about 20% compared to the current level. Doosan Bobcat's global production bases will expand to eight countries, including the existing ones in Korea, the United States, the Czech Republic, France, Germany, India, and China.

Doosan Group Vice Chairman Park Ji-won said, "The new factory in Mexico will support Doosan Bobcat's continuous growth by responding to the increasing demand for Doosan Bobcat products, including in the North American market, which is the largest demand market."

This content was produced with the assistance of AI translation services.