Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Automotive: U.S. automotive components supplier Android Industries inaugurated a new operations plant in the central state of Guanajuato. The US$21 million site is expected to put together kits of products such as spare tires, radiators, consoles and other parts for General Motors auto manufacturing plants.  (El Financiero, September 28, 2018)
  • Solar power: French energy conglomerate Engie announced it will construct a solar power generation plant in the northwestern state of Sonora. The US$111 million facility is projected to have generation capacity of 130.8 MW.  (Reforma, September 27, 2018)
  • OTC pharma: British-owned OTC medicines maker Sal de Uvas Picot plans approximately US$4.8 million in investment in Mexico manufacturing operations, the company reported. Resources will support a 20% expansion of production capacity for antacid products and cold medicines under the brands Sal de Uvas Picot and Mucinex.  (El Financiero, September 26, 2018)
  • Airlines: Mexican passenger air carrier Interjet will expand an existing aircraft order to Airbus for 20 more airplanes at a cost of approximately US$79 million, the company reported. The new A329 NEO aircraft will be phased into service over the coming five years. (El Financiero, September 17, 2018)
  • Liquor: S-Japanese drinks giant Beam Suntory has invested approximately US$60 million from 2017 through the present to modernize and expand its tequila plant in the western state of Jalisco, the company reported. Beam Suntory is launching a campaign to gain market share in the country for its traditional tequila brands Sauza and Hornitos. (El Financiero, September 12, 2018)
  • Electronics: Japanese electronics and information technology conglomerate Toshiba inaugurated a US$2 million expansion of their products and solutions development center in the western city of Guadalajara. The site will support development of the company’s electronic point-of-sale technology products for retailers and service providers. (Toshiba, September 11, 2018)
  • Wind power: Italian renewable energy developer Enel Green Power initiated construction of a wind power generation plant in the northern state of Coahuila, the company reported. The US$115 million site is projected to have generation capacity of 100 MW. (Milenio, September 18, 2018)
  • Steel: Steel producer Ternium, subsidiary of Italian-Argentinian steel and energy conglomerate Techint, reported plans to invest approximately US$1.14 billion in its new Ternium Industrial Center under development in the northeastern state of Nuevo León. The complex is expected to begin producing advanced hot rolled steel products midway through 2019. (Reforma, September 10, 2018)
  • Automotive: German electronics and engineering multinational Bosch inaugurated a new production building at its plant in the central state of Aguascalientes, the company reported. The US$16 million expansion will support production of the company’s iBooster Generation 2 component for automotive breaking systems. (El Universal, September 5, 2018)
  • Casual dining: Mexican casual dining franchise operator Mera Corporation plans investment of approximately US$25 million over the next 18 months to open new sales locations and remodel existing ones. The company operates 134 casual eateries in Mexico, principally in airports, under brands including Johnny Rockets, TGI Fridays, XX Bar and Guacamole Grill. (El Financiero, September 3, 2018)

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