Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Manufacturing: Spanish appliance manufacturer Fagor will invest US$3.5 million to expand capacity at its production plant in the central state of San Luís Potosí.  The project is aimed at boosting output of products such as refrigerators, dishwashers, ovens and other kitchen equipment. (Mexican Business Web, August 27, 2012)
  • Logistics: Mexican rail operator Ferrocarril Mexicano (Ferromex) plans investment of approximately US$2.3 billion over the next five years to upgrade infrastructure to meet projected growth in demand for rail service.  Resources will be used to expand and improve track and freight terminals to handle expected demand growth from the automotive and mining sectors. (El Economista, August 26, 2012)
  • Building materials: U.S. ceramic flooring manufacturer Daltile opened a new production facility in the central state of Guanajuato.  The US$65 million site becomes the company’s eighth manufacturing location in the country. (El Economista, September 4, 2012)
  • Security: Brink’s Panamericano de México, Mexican affiliate of U.S. secure transport firm Brink’s, is projecting investment of US$30 million over the next three years for upgrades and expansion.  Plans include upgraded armored trucks and equipment, technology enhancements and training for personnel. (Mexican Business Web, September 7, 2012)
  • Electronics: U.S. contract manufacturer Sigmatron inaugurated a new production facility in the northern state of Tijuana.  The US$2 million plant will produce electronic components for the medical, automotive and electronics industries. (Periódico Industrial Siglo XXI, September 11, 2012)
  • Steel: Mexican steel pipe manufacturer Tubacero began construction on a new production plant in the northeastern state of Nuevo León.  Tubacero intends to produce high performance helical tubing at the US$90 million facility, the company reported. (Reforma, September 17, 2012)
  • Solar energy:  Sonora80M, a consortium including Spanish investors, initiated construction of a large scale solar energy plant in the northern state of Sonora.  The US$75 million project will be built and maintained by Portuguese developer Martifer Solar and is planned to produce 20 MW of power initially and ramp up to a maximum of 80 MW. (Milenio, September 19, 2012)
  • Automotive: German auto parts maker Marquardt inaugurated a new manufacturing plant in the central state of Guanajuato.  The US$50 million facility will produce ignition switches, electronic locks and other electrical parts for clients such as General Motors, Chrysler and BMW. (El Sol de León, September 26, 2012)
  • Airports: Mexican low-cost air carrier Interjet will invest US$25 million to construct four new maintenance hangars at the Toluca International Airport, the company reported.  Interjet is currently upgrading its hangar at the Mexico City airport for an additional US$25 million. (Reforma, September 28, 2012)
  • Automotive: Japanese multinational corporate group Hitachi announced construction of a new manufacturing plant in the central state of Queretaro.  The US$100 million facility is planned to produce suspension components for supply to automotive OEMs. (Hitachi, September 20, 2012)
  • Aviation: U.S. aviation maintenance services provider Hawker Beechcraft, in a joint venture with Mexican executive air travel operator Aerolíneas Ejecutivas, opened a new repair and maintenance facility in the northeastern city of Monterrey.  The US$5 million service center will provide MRO services for airframes, power plants and avionics systems, as well as painting services for private jets. (El Financiero, September 28, 2012)

3 thoughts on “Recent and upcoming investment in Mexico

  1. Cd. Obregon, Mexico, November 22, 2012: QET Tech Aerospace received approval by the Mexican Aviation Authority (DGAC) to do Non-Destructive Testing.

    “We just received our new shop approval from the Dirección General de Aeronáutica Civil of Mexico (DGAC) which now includes Non-Destructive Testing (NDT). We have been working on this for over a year and are very proud of this moment” says Ruben Cruz, QET Tech Aerospace, responsible manager. The new capabilities added are for Visual, Eddy Current, Florescent Particle, Ultrasonic and Magnetic Particle inspection for level 2.

    To receive this approval the company must demonstrate it has the experienced people, equipment, training and procedures to do the inspections. This was demonstrated in a DGAC audit on September 2012.

    “We will start marketing these new services immediately” says Mike Dornenburg, V.P. Commercial and Technical Operations. He continues “we have very talented people and we continue to grow our offering and this is another good example which fits well in the heavy maintenance facility we are building in Cd. Obregon”.

    QET Tech Aerospace is a Mexican company based in Cd. Obregon, Sonora, Mexico. It provides services and products to the international aviation industry. For more information, please visit our web site at.

    Contact Details: Mike Dornenburg
    V.P. Technical & Commercial Operations
    QET Tech Aerospace S.A. de C.V.
    Dr. Norman E. Borlaug 1301-A Sur Altos
    Colonia Municipio Libre C.P. 85080
    Cuidad Obregon, Sonora, Mexico
    Tel: +52 (64) 4169 2470
    Website: http:// http://qta.com.mx/
    Email: mike.dornenburg@qta.com.mx

    http://www.qta.com.mx/proyectos.php

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