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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) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Food processing: Mexican canned foods leader Grupo Herdez inaugurated a new vegetable processing plant in the western state of Sinaloa, the company reported. The US$21 million facility includes green components such as a water treatment plant, efficient water and electricity consumption technologies and a passive solar roof system. (El Financiero, February 25, 2015)
  • Animal feed: U.S.-based agricultural commodity giant Cargill will invest approximately US$8 million to expand production capacity at its plant in the southern state of Puebla. Planned upgrades include a new extrusion line for commercial fish feed. (El Financiero, February 25, 2015)
  • Chemicals: Mexican chemicals giant Mexichem plans investment of approximately US$200 million this year in Mexico operations, the company reported. Projects include modernization of the company’s PVC plant in the eastern state of Veracruz and electricity co-generation developments. (Finamex Casa de Bolsa Comentario de Cierre, February 26, 2015)
  • Automotive: German auto maker Volkswagen announced plans to invest US$1 billion in its production plant in the southern state of Puebla. The resources are expected to increase capacity particularly for production of a sport utility vehicle (SUV) model. (El Financiero, February 20, 2015)
  • Renewable energy: Cemex Energía, a newly created energy division of Mexican cement giant Cementos Mexicanos (Cemex), plans US$30 million in investment in renewable energy developments over the next five years. Projects are expected to include wind and solar generation. (El Financiero, February 20, 2015) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Healthcare: Mexican hospital operator Grupo Médica Sur will build a major new medical complex in Mexico City, the company announced.  The project is planned to include a hospital, research center, university, hotel, offices, apartments and retail space.  US$70 million in investment is estimated for the first phase of construction.  (Reforma, November 29, 2012)
  • Franchising: U.S. restaurant chain Chili’s Grill & Bar plans investment of US$12 million in Mexico operations next year.  The company plans to open 12 new locations through its Mexican franchise operators. (El Financiero, November 29, 2012)
  • Aerospace: Italian aeronautical welding specialists OVS Villella revealed plans to establish a production plant in Mexico by 2014.  The company will partner with Mexican metal process supplier EZI Metales on the US$14 million investment. (El Financiero, November 29, 2012)
  • Pharmaceutical: Swiss pharmaceutical manufacturer Novartis plans investment totaling US$10 million in Mexico in 2013, the company reported.  Resources will support research and development principally in immunology, oncology and chronic obstructive pulmonary disease (COPD). (Milenio, December 6, 2012)
  • Automotive: Japanese automotive components manufacturer GSW manufacturing initiated construction on a new production plant in the central state of Guanajuato.  The US$2.15 million facility is planned to produce wiring harnesses for vehicles beginning in 2013. (El Financiero, November 29, 2012) Continue reading Recent and upcoming investment in Mexico