Chinese Company, XCMG Construction Machinery Co., Ltd., to Establish Operations in Monterrey under American Industries’ Shelter Administrative Services Partnership We are pleased to share that this week XCMG Xuzhou Construction Machinery Group Co., Ltd. announced an investment to establish a new production plant in the Monterrey, Nuevo León region. At American Industries Group, we are excited to be a part of their success story by working with them under our Shelter Partnership. The company’s investment in Monterrey, Nuevo León will create 235 new jobs. The plant will be built on over 7,000 m2 and will produce scissor lifts (MEWPs) for the North American market. The expected investment for the first phase is estimated at more than US $10 million, and a second phase is planned for 2023 with an estimated investment of US $40 million. By summer of this year, the company expects to be exporting 30 containers per month, primarily to Laredo, Texas, and rea...