Posts Tagged Airports

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Energy: Spanish energy infrastructure developer Iberdrola announced it has been awarded a contract to construct and operate a combined cycle electricity generation plant in the northwestern state of Sinaloa. The US$400 million plant is projected to have generation capacity of 766 MW. (El Financiero, March 22, 2017)
  • Food processing: Swiss processed foods giant Nestlé plans to invest approximately US$28 million to achieve water savings at its coffee processing plant in the central city of Toluca. Process modifications will include reduction of steam use, improved condensation recovery and the re-use of pre-treated water in industrial services, the company reported. (El Financiero, March 22, 2017)
  • Entertainment: Mexican corporate group Diniz reported it will add six new family entertainment centers under its Recórcholis brand in Mexico this year at a cost of approximately US$12 million. The centers include children’s activities such as games, rides, bowling, ice skating, go karts, miniature golf and others. (Reforma, March 22, 2017)
  • Logistics: U.S. transport and storage company Bulkmatic, through its Mexico subsidiary Bulkmatic de México, plans to construct a fuel storage terminal in the central state of Hidalgo, the company reported. The US$50 million project will include 10 tanks for gasoline, diesel and biodiesel. (Reforma, March 22, 2017)
  • Retail: Mexican upscale department store operator Liverpool announced it will open 11 new stores in the country during the current year. A planned US$300 million in investment will support new retail locations principally under the company’s Fábricas de Francia brand, in addition to maintenance operations for existing stores. (El Financiero, March 16, 2017) Read the rest of this entry »

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Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Automotive: German auto maker Audi inaugurated a major new manufacturing plant in the southeastern state of Puebla. The US$1.3 billion facility will produce the brand’s Q5 premium sports utility vehicle (SUV) for export around the world, according to media reports. (Expansión, September 30, 2016)
  • Technology: U.S. networking technology manufacturer Cisco Systems estimates it will invest up to US$4 billion in Mexico operations over the next two years, the Mexican government reported. Resources reportedly will support increased production  of products such as routers, servers and video-conferencing screens for export to 110 countries. (Bloomberg, September 27, 2016)
  • Electronics: Japanese audio speaker manufacturer Tohoku Pioneer will establish a manufacturing plant in the western state of Jalisco, the Jalisco state government announced. The US$5million production site will be located next to an existing Pioneer Corp. plant producing GPS systems. (Informador, September 27, 2016)
  • Steel: Mexican steel wire producer Deacero is projecting approximately US$300 million in investment over the next two years in Mexico operations. Plans include adding new products to the company’s portfolio, particularly for the automotive industry. (Reforma, September 8, 2016)
  • Solar power: IEnova, the Mexican subsidiary of U.S. natural gas utility Sempra Energy, plans to invest approximately US$150 million in the two energy generation projects it was awarded in a recent government auction. IEnova will build two solar parks in the states of Aguascalientes and Baja California. (El Financiero, September 29, 2016)
  • Casual dining: Mexican casual dining franchise operator Orquest Foods plans to open 60 Papa John’s pizza restaurants in Mexico over the next eight years, the company reported. Orquest recently acquired 26 Papa John’s locations in the Mexico City metropolitan area.  (Reforma, September 9, 2016) Read the rest of this entry »

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Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Retail: Mexican commercial conglomerate Grupo Gigante plans investment of approximately US$800 million over the next five years to expand and upgrade its casual dining properties, the company reported. Projects include new location openings and remodeling for chains such as Toks and Beer Factory, as well as support for non-food retail chains operated by the company such as Office Depot and Petco. (Reforma, July 27, 2016)
  • Aerospace: U.S. aerospace components manufacturer Esterline Corp. announced it will expand its plant in the northern border city of Tijuana during the company’s participation at the recent Farnborough International Air Show. The US$35 million expansion will allow Esterline to increase production of its electronics for aerospace applications. (Tijuana en la Noticia, July 14, 2016)
  • Medical devices: German medical device manufacturer CODAN announced it will invest approximately US$9 million to establish a new production plant in the northern border city of Tijuana. The site is expected to produce medical transfusion and infusion systems. (Periódico Industrial Siglo 21, July 21, 2016)
  • Telecommunications: Mexican telephone, television and internet service provider Totalplay, a subsidiary of conglomerate Grupo Salinas, is completing investment of US$400 million to expand its fiber optic network, the company reported. The company reports coverage of 6 million homes in 20 Mexican cities. (El Financiero, July 13, 2016)
  • Airports: Mexican airport operator Grupo Aeroportuario del Centro Norte (OMA) inaugurated a US$3.8 million expansion of its airport at the Pacific coast resort of Zihuatanejo, the company reported. Projects included expansion and remodeling of terminal locations including waiting areas, baggage claim, immigration, Customs, inspection and passenger services areas. (El Financiero, July 15, 2016) Read the rest of this entry »

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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) Read the rest of this entry »

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Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Couriers: Envía, the courier division of Mexican passenger bus service operator Estrella Blanca, is planning an investment strategy of approximately US$5 million annually over the next five years to overtake rival Estafeta in the domestic package delivery market. Resources will support acquisition of new fleet vehicles and an aggressive marketing campaign, among other expansion initiatives. (El Financiero, August 31, 2015)
  • Entertainment: U.S. family restaurant chain Chuck E. Cheese reported plans to invest approximately US$28 million through 2018 to expand its presence in the Mexican market. The company recently inaugurated its second casual dining and family entertainment center in the country. (El Financiero, August 31, 2015)
  • Pharmaceuticals: Swiss pharmaceuticals maker Novartis plans to boost investment in clinical research in Mexico to approximately US$50 million over the next five years, the company reported. Investment will be extended to Centers of Excellence responsible for promoting best practices among health institutions in the country. (El Financiero, August 25, 2015)
  • Retail: Dutch clothing retailer C&A plans to open six to eight new stores in Mexico in 2016 at a cost of approximately US$8.5 million, the company reported. C&A currently operates 75 sales locations in the country. (El Financiero, August 17, 2015)
  • Meat: Mexican meat processor SuKarne has invested approximately US$38 million in its integrated sanitary processing system since 2014, the company reported. Upgrades to health safety systems include infrastructure, monitoring systems and microbiological analysis capabilities. (El Financiero, August 19, 2015) Read the rest of this entry »

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