ENGEL announces investment in Queretaro

ENGEL together with Queretaro Government announced it’s investment in Mexico during a meeting at the Mexican Embassy in Vienna (Austria) by the end of April.

Following its company philosophy, “Close to the customer,” European injection moulding manufacturer ENGEL will expand its footprint by building a new multi-faceted facility in Queretaro, Mexico.

“We have chosen Queretaro, because it is the place to find, develop and hold talent”, states Stefan Engleder, CEO of the ENGEL Group. This is especially important for ENGEL as it is the company’s goal to establish optimal sales, logistics, and production structures for each of the three major regions: Europe, Asia, and Americas. It is ENGEL's philosophy to build production plants close to the customers. “This is why ENGEL decided to build another facility in Queretaro”, Engleder continues.

Gerhard Stangl, CPO of the ENGEL Group, joined the investment announcement at the Mexican Embassy together with Mauricio Kuri González, Governor of Queretaro and other Government Representatives. “Our investment will be around €30 million, by the end of the current fiscal year we plan to double the number of employees” Stangl explains. The land ENGEL is going to purchase is around 70,000 sqm in order to have space for further growth.