Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Logistics: Mexican department store operator Coppel inaugurated a new distribution center in the northwestern state of Sinaloa. Built at a cost of approximately US$20 million, the site will warehouse and ship clothing and furniture for the country’s northwestern region. (El Financiero, May 28, 2015)
  • Brewing: Mexican beer giant Grupo Modelo, owned by Belgium-based Anheuser-Busch InBev, will invest approximately US$182 million to establish a beer-can production plant in the southeastern state of Yucatán, the company reported. Modelo recently announced it will build a new brewery in the same location. (Reuters, May 29, 2015)
  • Mining: Canadian mining company Timmins Gold Corp. announced plans to invest approximately US$200 million in mining operations in the Mexican states of Veracruz, Sonora and Guerrero. Timmins is focused on producing gold in its Mexican mines. (El Norte, May 18, 2015)
  • Electronics: German electronics and engineering multinational Bosch plans investment of approximately US$142 million in Mexico this year, the company reported. Plans include new product development and the construction of a new plant to produce water heaters in the southern state of Morelos. (El Financiero, May 14, 2015)
  • Food processing: Mexican flour and tortilla multinational Gruma plans investment of US$300 million this year in Mexico operations, the company reported. Resources will be applied to upgrade process technologies, expand production capacity and possibly to acquisitions. (El Financiero, May 12, 2015)
  • Commercial real estate: Mexican real estate developer Gicsa is projecting investment of approximately US$650 million dollars in developments this year. Projects include a shopping mall in the central city of Cernavaca as well as commercial and residential complexes in the states of Jalisco, Quintana Roo and Yucatán. (El Financiero, May 12, 2015)
  • Automotive: Mexican automotive supplies manufacturer Gonher plans investment of approximately US$15 million to expand capacity at its Mexico production sites, the company reported. Gonher produces automotive filters, lubricants and batteries at five manufacturing plants in the country. (Reforma, May 11, 2015)
  • Mining: Mexican mining company Minera Frisco will invest approximately US$80 million to expand mining operations in the country this year. Resources will be applied to engineering operations and new equipment, the company reported. (El Financiero, April 30, 2015)
  • Logistics: Mexican industrial group Grupo México is projecting outlays up to US$3.5 billion over the next four years in support of its transport and logistics infrastructure. Plans include a container handling facility in Veracruz, a new freight rail line between Guadalajara and Aguascalientes and additional rail connections at Monterrey and Celaya to support the region’s fast growing automotive industry. (El Financiero, April 30, 2015)
  • Automotive: Japonese auto parts maker Tokai Rika announced plans to construct a new manufracturing facility in the northeastern state of Nuevo León. The US$34 million plant will produce automotive safety components such as belts and switches, the company reported. (Reforma, May 6, 2015) 
  • Transport: Mexican inter-city passenger bus operator ADO plans investment of approximately US$20 million this year in Mexico operations. Projects include new buses and remodeling of station terminals. (El Financiero, May 4, 2015)
  • Electronics: German electronics and engineering multinational Bosch inaugurated a new manufacturing plant in the northwestern state of Sonora at an estimated cost of US$3 million. The site is planned to produce electronic security systems. (Mexican Business Web, May 6, 2015)
  • Airlines: Mexican executive transport operator Aerolíneas Ejecutivas plans investment of US$100 million in new aircraft, the company reported. Aerolíneas Ejecutivas is projecting a 30% expansion of its fleet through the acquisition of Learjet and HondaJet planes. (El Financiero, April 29, 2015)
  • Cement: Mexican industrial consortium Elementia will invest approximately US$250 million to expand production capacity at its cement plant in the central state of Hidalgo. The Cementos Fortaleza plant seeks to boost capacity to 3.5 million tons annually beginning in 2017, the company reported. (CNNExpansión, May 5, 2015)
  • Construction: Mexican real estate developer Grupo Copri plans investment of approximately US$680 million in new developments over the next five years, the company reported. Projects include an underground shopping mall in Mexico City, an office complex and residential space in the capital’s upscale Santa Fe zone. (Reforma, May 4, 2015)
  • Packaging: U.S. packaging maker Crown Holdings plans to construct a new manufactuing plant in the northeastern state of Nuevo León. The US$120 million site is planned to begin producing aluminum beverage cans in 2016. (Reforma, April 28, 2015)

 

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