Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Steel: Mexican steel maker Altos Hornos de Mexico (AHMSA) inaugurated a major new production plant in the northern state of Coahuila.  The massive US$2.3 billion facility will produce specialized steel plate for the automotive, railroad and energy industries, among others. (Mexican Business Web, July 19, 2013)
  • Manufacturing: Danish toymaker Lego announced plans to invest US$125 million to expand production capacity at its manufacturing plant in the northern state of Nuevo León.  Lego has experienced double-digit sales growth in Mexico in recent years. (CNNExpansión, July 1, 2013)
  • Food processing: U.S. processed foods giant Mondelez International (Formerly Kraft Foods) plans investment of up to US$600 million over the next four years in the northern state of Nuevo León.  Projects include construction of what is planned to become the world’s largest cookie factory, the company reported. (Reforma, July 2, 2013)
  • Automotive: Japanese automotive parts manufacturer Higuchi Manufacturing will establish a new production plant in the northern state of Coahuila.  The US$3.5 million facility is planned to produce components for safety belts and air bags. (Mexican Business Web, July 3, 2013)
  • Real estate: U.S. hotel management and vacation wholesaler Apple Leisure Group announced plans to invest approximately US$600 million in Mexico developments.  Projects include resort hotels in the coastal locations of Riviera Maya, Isla Mujeres, Puerto Vallarta, Los Cabos and Cozumel. (Reforma, July 3, 2013)
  • Transport: Mexican railroad operator Ferrovalle will invest approximately US$13 million to upgrade operating systems this year, the company reported.  Resources will be channeled into infrastructure, track maintenance and information technology systems. (El Financiero, July 22, 2013)
  • Chemicals: U.S. chemicals giant DuPont announced US$500 million in investment to increase operating capacity at its production plant in the northeastern state of Tamaulipas.  The major expansion is aimed at making the site the world’s second largest producer of titanium dioxide. (Reforma, July 30, 2013)
  • Food processing: Mexican industrial baking multinational Grupo Bimbo announced investments totaling US$160 million in its operations in the Mexico City area.  Planned projects include plant renovation, expansion of production capacity and modernization of distribution infrastructure including the implementation of electricity-powered vehicles. (Reforma, July 19, 2013)
  • Manufacturing: British consumer goods manufacturer Reckitt Benckiser will invest US$10 million to open a new production facility in the northern border city of Tijuana.  The company currently has operations in the Mexican cities of Monterrey, Guadalajara, Tijuana, Merida and Mexico City. (Tijuana Informativo, June 5, 2013)
  • Food processing: Mexican meat processor American Beef will invest US$15 million to expand its operations in the western state of Jalisco, the company reported.  American Beef produces hamburger meat for franchises including Burger King, Applebee´s, Wendy’s, Sanborns and Denny’s. (Reforma, July 10, 2013)
  • Automotive: Italian tire maker Pirelli announced planned investments of US$200 million in Mexico operations.  Resources are intended to boost production at the company’s manufacturing plant in the central state of Guanajuato. (El Financiero, July 9, 2013)
  • Food processing: Mexican beverage bottler Arca Continental announced plans to build a new production plant for its Bokados snacks division by 2015.  The new facility, the cost of which was not speficied, is intended to help Bokados expand its share of markets in central and southern Mexico. (El Financiero, July 11, 2013)
  • Manufacturing: U.S.-based diversified manufacturing multinational 3M plans investment of US$400 million in its Mexico operations over the next five years.  Projects include expanded output of products for the health, automotive and telecommunications industries at the company’s plant in the northeastern state of San Luís Potosí. (El Financiero, July 17, 2013)
  • Logistics: Multinational port operating giant Hutchison Port Holdings (HPH) will invest US$1.5 million to improve logistical capabilities at the port of Ensenada on Mexico’s northwestern coast. Upgrades include the installation of a new container crane that boosts capacity while reducing carbon emissions. (Seatrade Global, July 29, 2013)
  • Mining: Mexican mining conglomerate Peñoles’ Fresnillo subsidiary plans investment of over US$2.1 billion in Mexico operations over the next five years, the company reported.  Plans include expanded exploration, a new cyanidation plant and additional plant design and construction. (El Financiero, July 31, 2013)

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