Posts Tagged Electronics

Apr 29

Reports on some recent and upcoming investment collected from the local business media:

Beverage: Mexican beverage giant and retailer FEMSA announced plans for US$750 worth of investment this year. The lion’s share of the funds will go toward upgrades and expansions of bottling plants, while the remainder will support the company’s Oxxo chain of convenience stores.
Automotive: Chinese autoparts maker Minth opened a manufacturing plant in the northern state of Aguascalientes. The plant, representing a total investment of US$16 million, is planned to supply molding and interior components to Nissan, Ford, Chrysler and Fiat plants in Mexico.
Mining: Mining companies operating in Mexico will invest a combined US$13.8 billion through 2012, according to the Mexican Mining Chamber (Camimex). The chamber projected that expansions and upgrades of operations in mining zones will contribute toward improvements in roads, electrification, potable water and other basic infrastructure in the areas. Read the rest of this entry »

Feb 26

Reports on some recent and upcoming investment collected from the local business media:

Plastics: The Manufacturing Industry Chamber of Nuevo Leon (Caintra) announced an initial US$1 million investment to build the Mexican Institute for Technological Innovation in Plastic and Rubber in the Monterrey area.
Electronics: IBM formally inaugurated new manufacturing installations in Jalisco developed at an estimated cost of US$20 million. The facilities are intended specifically for the production of IBM’s high-end XIV Storage Systems for export to the United States, Europe and other areas.
Toys: Spanish toy manufacturer and retailer Imaginarium announced ambitious plans to expand operations in Mexico with an initial investment of US$1.6 million. The company plans to open over 40 new retail locations in the country by 2013, in addition to potentially manufacturing in Mexico.
Retail: Despite underwhelming economic recovery, Mexico’s top retailer Wal-Mart de Mexico announced plans to invest over US$900 million this year. The plans include the opening of 300 new locations across the company’s various retail formats and the remodeling of existing stores.
Mining: Canadian mining company First MajesticSilver Corp. opened a mineral processing plant in the northern state of Coahuila in late 2009. The US$22 million plant will produce gold and silver. Read the rest of this entry »

Jan 29

Reports on some recent and upcoming investment collected from the local business media:

Automotive: Nissan and Volkswagen have announced plans to begin production on new models in Mexico this year, expanding current production. Nissan will build a new compact model at its Aguascalientes plant, in addition to adding production of its new Micra model also at the Aguascalientes location. Volkswagen will launch production of a mid-size sedan as well as new models of the Beetle and Jetta at its Puebla facility.
Electronics: Electronics industry leaders Samina-SCI and Hewlett Packard have announced plans to expand operations this year in Jalisco state, site of Mexico’s leading electronics cluster. Sanmina projects investment of US$10 million in new machinery and equipment for manufacturing, and Hewlett Packard is investing US$5 million in infrastructure upgrades to expand staff at its Center of Excellence in Guadalajara.
Manufacturing: Danish cleaning equipment manufacturer Nilfisk opened a US$10 million facility in the central state of Queretaro. The new plant will produce industrial cleaning machines.
Airports: Airport operator Grupo Aeroportuario del Pacifico announced planned investment of approximately US$42 million for this year in infrastructure upgrades. Of the group’s 12 airports in Mexico, those at Guadalajara and Los Cabos are slated to receive the largest share of the upgrade investment. Read the rest of this entry »

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