Posts Tagged brewing

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Glass: Mexican glass manufacturer Grupo Millet reported plans to construct a new production plant in the southeastern state of Yucatan. The US$70 million site will produce architectural glass for export to the United States and elsewhere in Latin America. (El Financiero, January 25, 2017)
  • Casual dining: Mexico’s leading casual dining franchise operator Alsea plans investment of approximately US$190 million to open a record number of new locations across its portfolio in 2017, the company reported. Plans include some 250 new stores, in formats such as Starbucks, Burger King, Domino’s Pizza, Chili’s and others. (Reforma, January 24, 2017)
  • Technology: U.S.-based Deloitte Consulting inaugurated a regional service delivery center in the central Mexican state of Querétaro. The US$10 million center is planned to provide development, testing, support and maintenance services for the firm’s application maintenance, enterprise resource planning (ERP) and IT consulting clients throughout the Americas. (El Economista, January 25, 2017)
  • Natural gas: Mexican fuel distribution company Grupo Energéticos (Energex) plans to build four service stations to offer vehicular natural gas in the country this year, the company reported. The US$4 million project will provide compressed natural gas for vehicular use as an alternative to conventional gasoline, which has risen sharply in price during the current year. (Reforma, January 23, 2017)
  • Energy: Spanish energy infrastructure developer Iberdrola will invest approximately US$600 million to construct an electricity generation plant in the northeastern state of Nuevo León, the company reported. The combined cycle plant is planned to be powered by natural gas. (Mundo Ejecutivo, January 19, 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:

  • Brewing: Mexican brewer Cuauhtémoc Moctezuma, subsidiary of Dutch beer giant Heineken International, inaugurated a new can production line and distribution center at its plant in the western state of Jalisco. The US$38 million expansion will allow the operation to produce six different sizes of cans and 43 different packaging presentations, the company reported. (El Financiero, August 31, 2016)
  • Energy: Mexico geothermal energy developer Grupo Enal plans investment of approximately US$300 million to develop geothermal energy generation sites in the states of Baja California and Guanajuato, the company reported. Enal plans exploration activities in support of the developments over the next two years. (Reforma, August 31, 2016)
  • Automotive: U.S.-based diversified manufacturing multinational 3M inaugurated a new research and development center in Mexico City, the company reported. The US$1 million facility is intended to develop custom solutions for the company’s 200 clients in the Mexican automotive supply chain as well as OEMs. (El financiero, August 19, 2016)
  • Education: Spain-based English language school Kids & Us plans aggressive expansion in Mexico, the company reported. The chain currently operates six learning centers in Mexico and plans to boost that number to 250 over the next 10 years. (El Financiero, August 16, 2016)
  • Food processing: Mexican food products manufacturer La Moderna is nearing completion of a new production facility in the northern state of Coahuila, the company reported. The US$4 million plant will become the company’s fifth in Mexico and is projected to produce wheat-based pastas. (El Financiero, August 15, 2016)
  • Airlines: Mexican air carrier Aeromexico reported plans to invest up to US$50 million over the next five years to improve its digital platform. Upgrade targets include the company’s web site, ticket sales, airport kiosks and apps for Apple watch, among others. (El Financiero, August 17, 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:

  • 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) 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:

  • Logistics: U.S.-based industrial real estate developer Prologis plans investment of US$180 million in Mexico operations this year, the company reported. Projects include construction of new industrial parks as well as acquisition of parks currently under construction. (El Financiero, March 26, 2015)
  • Retail: Mexican upscale department store chain Palacio de Hierro will establish a new store in the Gulf coast city of Veracruz at a cost of approximately US$40 million. The store will be part of a new oceanfront commercial development to include retail space, offices, restaurants and cinemas. (El Financiero, March 23, 2015)
  • Entertainment: Mexican cinema operator Cinemex projects it will add up to 170 screens to Mexico operations in 2015 at a cost of approximately US$100 million. Cinemex also plans to enter the U.S. market in 2016, the company reported. (Finamex Casa de Bolsa Comentario de Apertura, March 23, 2015)
  • Information technology: Mexican telecommunications service provider Alestra will invest approximately US$108 million in Mexico operations this year, the company reported. Plans include a major expansion of the company’s data center in the central state of Querétaro, one of five such centers Alestra operates in the country. (El Financiero, March 20, 2015)
  • Automotive: Canadian auto parts manufacturer Magna International plans investment of approximately US$135 million to install a production plant in the central state of Querétaro. The facility is planned to produce fenders, panels and other exterior vehicle parts for global OEMs. (El Financiero, March 19, 2015)
  • Food processing: DuPont Mexico, subsidiary of U.S. chemical giant DuPont, plans investment of US$10 million in Mexico operations in 2015, the company reported. Projects include expansion of the company’s pectin extraction plant in the western state of Colima. (Reforma, March 19, 2015) Read the rest of this entry »

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