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Bobcat to invest $300 million in new Monterrey, Mexico, facility

By Brock Huffstutler

November 12, 2023

Image of planned Bobcat Co. Monterrey, Mexico, facility

Bobcat Co., West Fargo, N.D., said it intends to establish a new manufacturing facility in Monterrey, Mexico, anticipated to begin production in early 2026.

Bobcat said the investment, planned for approximately $300 million, will expand its existing global footprint to create additional production capacity and manufacturing capabilities for select compact track and skid-steer loader models. The company said the new facility is expected to create an additional 600 to 800 jobs in the region.

“As a global company with manufacturing facilities, offices, dealerships and customers across the globe, we have seen tremendous growth and increased demand for our products,” said Scott Park, Doosan Bobcat CEO and vice chairman. “We are excited to continue growing our footprint to meet demand for Bobcat solutions worldwide.”

The 700,000-sq.-ft. manufacturing facility is expected to increase Bobcat’s North American compact loader production capacity by 20 percent. The facility will feature areas for welding, painting and assembly, as well as an on-site warehouse and office space. Bobcat said it will implement state-of-the-art technology with an emphasis on quality, precision and energy efficiency.

The Monterrey location will manufacture Bobcat M-Series compact loaders for North American distribution. This strategic manufacturing capacity alignment will allow Bobcat to focus its R-Series compact loader production at its Gwinner, N.D., facility, and its Dobris, Czech Republic, facility will continue to manufacture M-Series loaders for the Europe, Middle East and Africa regions, the company said.

“This new facility allows us to design a manufacturing space for maximum efficiency, quality and production output,” said Mike Ballweber, Doosan Bobcat North America president. “By growing our manufacturing footprint, we can also further optimize our other global facilities to improve our operational efficiency and enhance employees’ workspaces.”

Bobcat said the new location was selected after extensive review and consideration of expansions at existing Bobcat locations, along with the potential for new developments at locations across the globe. The company added that Monterrey was selected for its well-established industrial sector, skilled workforce, proximity to the U.S., cost competitiveness and strong business environment, among other factors.