Information collected from media reports over the past month:
- Beverage: Mexican beverage producer Organización Cultiba, exclusive bottler for PepsiCo in Mexico, plans investment of approximately US$157 million in Mexico operations this year. Resources will be channelled into bottling and distribution operations as well as sugar cane production, the company reported. (Mexican Business Web, March 6, 2013)
- Telecommunications: Swedish telecommunications giant Ericsson opened a new Global Service Center in the central state of Queretaro. The US$13 million center is one of four such sites worldwide, and will provide planning, design, implementation and support services to customers in the Americas and Europe , according to the company’s announcement. (TMC News, Ericsson, February 27, 2013)
- Automotive: German auto parts manufacturer Hella will open a new production plant in the central state of Guanajuato this year, the company announced. The US$100 million project is planned to produce headlamps and rear combination lamps for automotive OEMs in the region. (ProMexico, March 5, 2013)
- Financial services: Spanish-owned bank Bancomer will invest approximately US$3.5 billion over the next four years to expand and upgrade operations in Mexico, the company announced. Plans include renovating all retail branches in in the country, upgrading technology platforms for data processing and completing construction of two new operations centers and a corporate office complex in the Mexico City area. (CNN Expansión, March 21, 2013)
- Solar energy: Spanish solar energy developer Isofoton has signed an agreement with the government of the southeastern state of Yucatan to design and build a photovoltaic energy generation site in the state. The US$360 million facility, planned to begin construction in 2014, is projected to produce 150MW once completed. (NAFTA Works, March 2013) Read the rest of this entry »

