Posts Tagged casual dining

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:

  • 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:

  • Cement: Mexican cement producer Elementia plans investment of approximately US$200 million this year in various operations including its plant in the central state of Hidalgo. Resources will support plant expansion and maintenance activities. (Reforma, February 25, 2016)
  • Aluminum: Mexico’s Grupo Vasconia industrial group will invest approximately US$14 million this year to expand its aluminum production capacity in Mexico, the company reported. Vasconia seeks to double production volume over the next five years to supply the domestic automotive industry. (El Financiero, February 22, 2016)
  • Packaging: U.S. jar and can maker Ball Corp. inaugurated a new manufacturing plant in the northeastern state of Nuevo León. The plant is expected to produce principally metal containers for beverage and food products. (El Financiero, February 24, 2016)
  • Electricity: Spanish renewable energy developer Acciona is projecting investment of approximately US$500 million through 2020 in clean energy projects under Mexico’s electricity sector reform. The company is evaluating generation projects using wind, solar and other renewable energy sources. (Reforma, February 25, 2016)
  • Dairy: Mexican dairy products producer Grupo Lala announced plans to establish a milk production plant in the northwestern state of Sonora. The US$19 million site would become the company’s 24th production facility in the country. (Reforma, February 22, 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:

  • Pharmaceuticals: Following investment of approximately US$117 million, Mexican pharmaceutical manufacturer Landsteiner Scientific will begin production in October at its new plant in the central city of Toluca. The new site includes state-of-the-art technology for the production of generic and biotechnological medications. (Reforma, September 30, 2015)
  • Information technology: U.S. computer technology company Oracle initiated construction on a new Oracle Mexico Development Center in the western state of Jalisco. The US$86 million research and development site will house activities such as technology development and research on data integration, mobile technologies and the internet of things, according to the Jalisco state government. (El Financiero, September 28, 2015)
  • Retail: U.S. DIY home improvement retailer The Home Depot plans investment of approximately US$88 million to expand its presence in Mexico in 2016. Plans include opening five new stores in the country next year. (El Financiero, September 22, 2015)
  • Casual dining: Mexico’s leading operator of casual dining franchises, Alsea, is projecting investment of approximately US$120 million in 2016 to open some 140 new retail locations. Alsea operates restaurant brands including Burger King, Starbucks, Domino’s Pizza, P.F. Chang’s, and others in Mexico. (El Financiero, September 17, 2015)
  • Pet supplies: U.S. pet products specialty retailer Petco plans to open approximately 50 new sales locations in Mexico by 2019, the company reported. Petco currently operates 18 stores in the country in association with Mexican corporate group Grupo Gigante. (Reforma, September 21, 2015) Read the rest of this entry »

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