Posts Tagged cement

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Amusement parks: U.S.-based amusement park operator Six Flags Entertainment Corp. inaugurated its remodeled water park in the central state of Morelos at a cost of US$18 million, the company reported. Six Flags plans to add hotel facilities and restaurants at the site in the future. (El Financiero, May 31, 2017)
  • Real estate development: Mexican developer Gicsa reported it will invest approximately US$34 million to convert an existing Mexico City shopping center into a mixed-use complex. The repurposed site is planned to include offices, retail space and a hotel. (El Financiero, May 30, 2017)
  • Casual dining: Mexican restaurant chain Toks, part of the Gigante corporate group, is projecting investment of up to US$48 million across its formats. Projects include a new distribution center, remodeling of the Beer Factory and California format casual dining restaurants and a beer bottling operation. (Reforma, May 30, 2017)
  • Cement: Mexican cement producer Elementia is currently carrying out a US$250 million expansion of its production plant in the central state of Hidalgo, the company reported. The upgrade will increase Elementia’s annual cement production capacity in Mexico to 3.5 million tons. (El Financiero, May 29, 2017)
  • Beverage: British drinks multinational Diageo initiated construction of a bottling line for tequila and vodka at its processing plant in the western state of Jalisco, the company reported. The bottling expansion is part of US$400 million in investment planned through 2020. (El Financiero, May 24, 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:

  • Retail: Mexican corporate group FEMSA will invest approximately US$1.3 billion in Mexico this year across its retailing, beverage bottling and gas station operations, the company reported. Key projects include 50 new gas station-convenience store combination locations under the company’s Oxxo brand. (Dinero en Imagen, February 28, 2017)
  • Logistics: DHL Express, courier subsidiary of German logistics multinational DHL, reported plans to invest approximately US$200 million to expand operations in Mexico. Projects include upgrades to the company’s air freight terminals in the Monterrey, Guadalajara and Querétaro airports and the opening of new service centers, among others. (El Financiero, February 23, 2017)
  • Dairy: Mexican dairy giant Grupo Lala plans investment of approximately US$175 million to expand operations, the company reported. Lala specified only that resources will support “innovation and productivity.” (Dinero en Imagen, February 21, 2017)
  • Mining: Canadian mining company Goldcorp reported plans to invest US$300 million in its Peñasquito mine in the northern state of Zacatecas. The company is seeking to increase its gold-producing holdings by 20%. (El Financiero, February 20, 2017)
  • Industry: Mexican corporate group Grupo KUO reported plans to invest approximately US$170 million in Mexico operations during the present year. Resources will support the group’s activities in areas such as pork production, automotive transmission manufacturing, rubber and auto parts. (El Financiero, February 17, 2017)
  • Electronics: German electronics manufacturing conglomerate Siemens will invest approximately US$200 million in Mexico over the next 10 years, the company reported. Areas of investment will include technology innovation, industrial digitalization and modernization of energy management. (Forbes, February 15, 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:

  • 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:

  • 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:

  • Real estate: Mexican commercial real estate developer Grupo Gigante is preparing investment in new developments in excess of US$800 million, the company reported.  The new developments include two shopping malls in Guadalajara and two housing developments in Mexico City, among others. (Reforma, October 2, 2012)
  • Automotive: Mexican auto parts manufacturer Nemak revealed investment of approximately US$230 million this year in new plants, expansions and other infrastructure.  The company reported that strong demand from Audi and Ford is driving growth in its operations in Mexico and China. (Reforma, October 2, 2012)
  • Retail: U.S. grocery and general merchandise retailer H.E.B. reported it plans to invest approximately US$60 million to open 4-5 new stores in northeastern Mexico next year.  Resources will also be channeled into remodeling existing retail locations. (Reforma, October 4, 2012)
  • Electronics: U.S. electronics manufacturer Plantronics plans investment of up to US$50 million to consolidate its operations in the northern city of Tijuana.  The manufacturer of communications headsets plans to move design and production activities into a new, solar-powered corporate center in the border city. (El Financiero, October 10, 2012)
  • Mining: Operations got underway at the first manganese mine in the northern state of Zacatecas, following a joint investment by Mexican and Chinese investors.  Capital to initiate exploitation of the manganese deposits was provided by Chinese investors identified as China Yunnan Metal Company.  Production is intended for export to China. (El Financiero, October 9, 2012)
  • Solar energy: Swiss power and automation technology giant ABB opened a solar power generation park in the central state of San Luís Potosí.  The plant is planned to have a generation capacity of 1.2 MW and required investment estimated at approximately US3.6 million. (Greentech Lead, October 5, 2012) Read the rest of this entry »

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