Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Healthcare: Mexican hospital operator Grupo Médica Sur will build a major new medical complex in Mexico City, the company announced.  The project is planned to include a hospital, research center, university, hotel, offices, apartments and retail space.  US$70 million in investment is estimated for the first phase of construction.  (Reforma, November 29, 2012)
  • Franchising: U.S. restaurant chain Chili’s Grill & Bar plans investment of US$12 million in Mexico operations next year.  The company plans to open 12 new locations through its Mexican franchise operators. (El Financiero, November 29, 2012)
  • Aerospace: Italian aeronautical welding specialists OVS Villella revealed plans to establish a production plant in Mexico by 2014.  The company will partner with Mexican metal process supplier EZI Metales on the US$14 million investment. (El Financiero, November 29, 2012)
  • Pharmaceutical: Swiss pharmaceutical manufacturer Novartis plans investment totaling US$10 million in Mexico in 2013, the company reported.  Resources will support research and development principally in immunology, oncology and chronic obstructive pulmonary disease (COPD). (Milenio, December 6, 2012)
  • Automotive: Japanese automotive components manufacturer GSW manufacturing initiated construction on a new production plant in the central state of Guanajuato.  The US$2.15 million facility is planned to produce wiring harnesses for vehicles beginning in 2013. (El Financiero, November 29, 2012)
  • Retail: U.S. hardware and DIY retailer The Home Depot plans aggressive expansion in Mexico with the opening of 25 new stores over the next three years.  Plans include over US$400 million in investment and establishment of the chain’s Express retail format in the country. (Reforma, December 11, 2012)
  • Automotive: Japanese steel products manufacturer Hanwa Steel initiated construction on a new production plant in the central state of Guanajuato.  The US$40 million facility is planned to produce steel sheets for automotive parts to supply the area’s growing auto parts industry. (Government of Guanajuato, December 3, 2012)
  • Green tech: Mexican commercial real estate developer Grupo Inmobiliario Gigante inaugurated a new shopping and entertainment complex in Guadalajara metropolitan area.  The US$23 million development prominently features environmentally friendly technologies such as solar panels, LED lighting and rainwater harvesting and water saving infrastructure. (Mexican Business Web, December 10, 2012)
  • Electronics: U.S. semiconductor manufacturer Skyworks will invest US$184 million to expand its operations in the northwestern state of Baja California.  Skyworks has been manufacturing integrated circuits in Mexicali for over 40 years, according to the company. (El Financiero, December 6, 2012)
  • Consumer products: French cosmetics manufacturer L’Oreal inaugurated its second production plant in Mexico in the central state of San Luís Potosí.  The US$100 million facility is planned to produce hair coloring products for the U.S., Mexican and Central American markets. (Reforma, December 12, 2012)
  • Composites: U.S. glass fiber producer Owens Corning invested US$80 million to install a new furnace at its glass reinforcement plant in the central state of Tlaxcala.  The new equipment will double the plant’s composites capacity. (NAFTA Works, December 2012)
  • Construction: Mexican real estate developer ICA Desarrollo Inmobiliario plans three residential projects for 2013 requiring investment of approximately US$330 million.  The upscale vertical properties will be located in the greater Mexico City metropolitan area. (Reforma, December 18, 2012)
  • Automotive: U.S. auto maker Ford will invest 59.1 million to expand operations at its production plant in the northern state of Chihuahua, the company announced. Resurces will support engine production and block machining operations at the site. (El Financiero, December 18, 2012)
  • Retail: Mexican grocery and general merchandise retailer Grupo Chedraui plans investments of approximately US$250 million in 2013, the company announced.  Planned projects include the opening of 20 new stores across the chain’s formats. (El Financiero, December 27, 2012)

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