$300 Million Investment Aims to Boost Production Capacity to Support Customer Demand and Company Growth
WEST FARGO, N.D. (Nov. 7, 2023) – Bobcat Company, a global compact equipment, innovation and worksite solutions brand, announced today intentions to expand its footprint with a new manufacturing facility in Monterrey, Mexico, anticipated to begin production in early 2026.
The investment, planned for approximately $300 million, will expand Bobcat’s existing global footprint to create additional production capacity and manufacturing capabilities for select compact track and skid-steer loader models. 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-square-foot manufacturing facility is expected to increase Bobcat’s North American compact loader production capacity by 20%. The facility will feature areas for welding, painting and assembly, as well as an on-site warehouse and office space. Bobcat 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 industry-leading 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. Bobcat will continue to focus on talent retention and hiring at all locations in support of continued expansion and growth.
“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.”
This 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. 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.
To learn more about Bobcat, please visit Bobcat.com.
About Bobcat Company
Since 1958, Bobcat Company has been empowering people to accomplish more. As a leading global manufacturer of compact equipment, Bobcat has a proud legacy of innovation and a reputation based on delivering smart solutions to customers’ toughest challenges. Backed by the support of a worldwide network of independent dealers and distributors, Bobcat offers an extensive line of compact equipment, including loaders, excavators, compact tractors, utility products, telehandlers, mowers, attachments, implements, parts, and services. In 2024, Bobcat will expand its brand with the addition of portable power, industrial air, industrial vehicle and turf renovation equipment offerings. Headquartered in West Fargo, North Dakota, Bobcat continues to lead the industry with its new and innovative offerings.
The Bobcat brand is owned by Doosan Bobcat, Inc., a company within the Doosan Group. Committed to empowering people to accomplish more, Doosan Bobcat is dedicated to building stronger communities and a better tomorrow.
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