Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Airports: Mexican airport operator Grupo Aeroportuario del Centro Norte (OMA) is projecting investment of approximately US$68 million in its international airport at the northeastern industrial city of Monterrey over the next five years, the company reported. Projects are expected to include modernization of infrastructure, technology upgrades and improvements to cargo handling and security systems. (El Financiero, January 21, 2016)
  • Composites: French aerospace manufacturer Safran plans to establish a new materials production plant in the central state of Querétaro, the state government reported. The US$100 million facility is expected to produce composite materials for rotor blades. (El Financiero, January 21, 2016)
  • Retail: U.S. DIY retailer The Home Depot plans investment of approximately US$80 million in Mexico operations in 2016, the company reported. Expansion plans include six new stores in the country, where the company projects double-digit sales growth this year. (Reforma, January 20, 2016)
  • Electricity: Mexican industrial conglomerate Grupo México is projecting investment of US$1 billion to expand its electricity generation capacity following the opening of the Mexican electricity market this month. The group currently operates two combined cycle plants and a wind park, and is evaluating the addition of natural gas-powered combined cycle plants, as well as solar and wind generation facilities going forward. (Reforma, January 20, 2016)
  • Automotive: Germany-based industrial conglomerate Thyssenkrupp will build two new manufacturing plants in Mexico at an estimated cost of US$125 million, the company announced. One site in the southern state of Puebla is planned to produce steering systems for Volkswagen, and a second site in the central state of Guanajuato will produce camshafts. (Reforma, January 21, 2016)
  • Forestry: Mexican forestry company Proteak is preparing to launch operations at a new US$200 million production plant in the southeastern state of Tabasco, the company reported. The new facility is planned to produce medium density fiberboard (MDF) from its eucalyptus plantations in the state. (El Financiero, January 20, 2016)
  • Solar energy: Mexican corporate group Grupo IUSA inaugurated a solar panel production site and solar energy generation park in the central State of Mexico. The facilities represent the first phase of a larger US$800 million project planned to generate 730 MWh annually of electricity. (El Financiero, January 18, 2016)
  • Seafood: Mexican seafood producer Grupo Pinsa revealed plans to build a new processing facility on the Pacific coast in the northwestern state of Sonora. The US$14 million center is projected to produce various canned sardine products. (El Financiero, January 15, 2016)
  • Industrial parks: Mexican industrial real estate developer Grupo Lintel announced it will construct a US$47 million expansion to its industrial facility in the western state of Jalisco. The site is intended for occupation by companies in the automotive, metal mechanic, plastics and aerospace industries. (El Financiero, January 15, 2016)
  • Automotive: U.S. auto maker Ford plans to construct a major new production plant in the central Mexican state of San Luís Potosí, local media reported. The estimated US$1.5 billion site would become Ford’s fifth plant in Mexico. (El Financiero, January 15, 2016)
  • Retail: U.S.-based coffee shop chain Starbucks, operated in Mexico by Alsea, plans to open 50 new stores in Mexico in 2016. Starbucks currently operates 507 locations in the country. (El Financiero, January 13, 2013)
  • Metal forming: U.S. precision metal components manufacturer Trans-Matic has begun construction of its first Mexican production plant in the northeastern state of Nuevo León, local media reported. Trans-Matic has not revealed the cost of the project, which is expected to produce precision stamped metal parts for automotive and other industries in the region. (Reforma, January 14, 2016)
  • Logistics: DHL Supply Chain Mexico, subsidiary of German logistics multinational DHL, plans investment of approximately US$165 million in Mexico operations over the next five years. Projects include extending service coverage throughout the country and implementing new solutions. (Reforma, January 13, 2016)
  • Refining: Mexican construction conglomerate ICA has initiated engineering, procurement and construction (EPC) services for a clean diesel project at the Madero oil refinery in the northeastern state of Tamaulipas. Investment is projected at US$1 billion on the project to establish two hydrodesulfurization units at the refinery. (El Financiero, January 12, 2016)
  • Metal fabrication: Mexican tank maker Tráilers y Tanques de Aluminio (Tytal) will begin construction this year on a new plant to produce rail tanker cars for the transport of gasoline, the company reported. The US$30 million facility will become the company’s third plant in the northeastern state of Nuevo León. (Reforma, January 11, 2016)
  • Hotels: Mexican developers Grupo Lomax plan investment of approximately US$240 million to establish hotels in Mexico under the brands of U.S. hotel operator G6 Hospitality. Initial projects include establishing five new hotels for business travelers in 2016. (Reforma, January 11, 2016)
  • Brewing: U.S. drinks giant Constellation Brands announced plans to construct a new beer brewery in the northwestern border city of Mexicali at a cost of approximately US$1.5 billion. The company further reported it will invest US$250 million to expand operations at its beer brewing facility in the northern city of Nava, Coahuila state. (Reforma, January 8, 2016)
  • Health: U.S. fitness center chain Anytime Fitness plans to open up to 18 new locations in Mexico in 2016 at an approximate cost of US$4.7 million, the company reported. Anytime Fitness currently operates 36 gyms in the country. (El Financiero, January 6, 2016)

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