Posts Tagged Healthcare

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Chemicals: U.S. chemical firm The Chemours Company initiated construction on a new production plant in the northern state of Durango, the company reported. The US$150 million facility is planned to produce solid sodium cyanide for the Mexican mining industry. (The Chemours Company, June 26, 2017)
  • Commercial real estate: Mexican real estate developers Fibra Shop and Grupo Frel will team up to expand existing retail complexes in the coastal tourist locations of Cancun and Los Cabos at a cost of approximately US$111 million, the companies reported. The expansions will incorporate the companies’ “Espacio Latino” marketing concept, which highlights Mexican culture, folklore, gastronomy and design into the shopping mall environment. (El Financiero, June 30, 2017)
  • Gas stations: Mexican gas station operator Grupo Lodemo reported plans to invest approximately US$5.6 million to convert 16 of its stations from the government-owned Pemex brand to the company’s own La Gas brand. Lodemo seeks to close the year with 50 locations in operation under the La Gas brand in the southeastern state of Yucatan. (El Financiero, June 29, 2017)
  • Electronics: French automation technology multinational Schneider Electric reported plans to invest US$10 million in manufacturing operations in the northwest state of Baja California. Resources will support production of thermal magnetic circuit breakers. (El Economista, June 21, 2017)
  • Aerospace: U.S. aerospace composites and textiles manufacturer Albany International plans approximately US$14 million of investment in the central state of Querétaro, the state government reported from the Paris Air Show. The resources are expected to support composite manufacturing operations in the state. (AM de Querétaro, June 20, 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:

  • Steel: Mexican steel producer Altos Hornos de México (AHMSA) inaugurated a steel plate normalizing plant in the northern state of Coahuila. The US$140 million facility is expected to process steel for rail tanker cars, marine vessels and other applications requiring hardened steel. (El Tiempo, June 28, 2016)
  • Commercial real estate: Mexican developer GICSA is projecting approximately US$1.6 billion to build 15 shopping centers and mixed-use developments through 2018, the company reported. Projects include luxury sites in resort areas Playa del Carmen and Puerto Vallarta, as well as the Mexico City and Cuernavaca areas. (El Financiero, June 22, 2016)
  • Infrastructure: Canadian investment group Caisse de dépôt et placement du Québec (CDPQ) plans joint investment of US$834.5 million with Mexican investment consortium CKD Infraestructura México to develop infrastructure projects in Mexico, the Mexican government reported. Projects are expected to focus on electricity generation, transmission and distribution. (El Financiero, June 28, 2016)
  • Healthcare: U.S. wellness services provider Cenegenics plans investment of approximately US$10 million over the coming two years to open 10 clinics in Mexico, the company reported. Cenegenics’ program of “age management medicine” targets premium level consumers. (Reforma, June 17, 2016)
  • Aerospace: Spanish aerospace engine and turbine manufacturer ITP plans to expand production capacity at its plant in the central state of Querétaro, the company reported. The US$50 million investment will support design and production of components such as fuselages, radial structures, seals and hydraulic systems. (Reforma, June 20, 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:

  • Tires: U.S. tire maker Goodyear announced it will build a major new manufacturing plant in Mexico’s northeastern state of San Luís Potosí at a cost of approximately US$550 million. The facility, intended principally to supply the region’s booming automotive industry, is expected to come on line in 2017. (La Crónica, April 24, 2015)
  • Ports: U.S. rail and marine terminal operator Grupo Carrix plans investment of approximately US$670 million in Mexico through 2018, the company reported. Projects include completion of a new cutting edge port terminal at Tuxpan on the Gulf of Mexico. (El Economista, April 23, 2015)
  • Industrial parks: Mexican industrial real estate developer Vesta plans to build a new industrial park near the tourism center of San Miguel de Allende, the company reported. The US$61 million project aims to take advantage of the rapidly expanding automotive industry in the central state of Guanajuato. (El Financiero, April 23, 2015)
  • Packaging: U.S. jar and can maker Ball Corp. will establish a manufacturing plant in Mexico, the company reported. The new facility is planned to produce metal cans to meet demand from thriving beer production in the country. (Denver Post, April 20, 2015)
  • Transport: U.S. railroad freight car equipment manufacturer Greenbrier inaugurated a new production plant in the central state of Tlaxcala, the company reported. The site, for which the amount of investment was not specified, will produce boxcars, gondolas and hoppers principally for export to the United States. (Mexican Business Web, April 21, 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:

  • Retail: Mexican department store operator Palacio de Hierro announced it plans to establish a new ‘mega-store’ in Mexico City’s upscale Polanco district.  The US$300 million development is slated to become the chain’s flagship location. (El Financiero, May 13, 2014)
  • Manufacturing: Mexican industrial park operator Parque Industrial Amistad Aeropuerto plans investment of approximately US$15 million in its facility at Ramos Arizpe, in the northern state of Coahuila, to accommodate U.S. cooling equipment manufacturer Nordyne.  The new manufacturing infrastructure will be used to produce air conditioning equipment. (Mexican Business Web, May 26, 2014)
  • Confectionery: U.S. candy giant Mars, Inc. initiated construction of a new production plant in the central state of Guanajuato.  The US$160 million facility is planned to produce Snickers and Milky Way bars to meet domestic demand and for export to Central and South America.  (Reforma, May 29, 2014)
  • Mining: Mexican mine operator Minera Autlán plans investment of US$300 million over the next five years, the company reported.  Projects targeted for investment include energy generation, exploration, industrial security and environmental protection. (Reforma, May 21, 2014)
  • Airports: Mexican airport operator Grupo Aeroportuario del Pacífico (GAP) will invest US$13.8 million in upgrades at the Tijuana airport, on the northern border with California.  The new additions to the site will include a bridge within the terminal connecting the Mexico side of the airport with arrival facilities on the U.S. side of the border. (Reforma, May 21, 2014) 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:

  • Infrastructure: Mexican President Enrique Peña Nieto presented the National Infrastructure Program for his six-year administration this month.  The plan calls for approximately US$587 billion in earmarked spending, with major financing coming for gas pipeline construction, fiber optic network expansion and high-speed passenger train lines, among other projects. (El Financiero, April 29, 2014)
  • Wind power: Mexican mining firm Peñoles and Spanish renewable energy developer EDP Renováveis announced they will jointly construct a wind power generation park in the northern state of Coahuila.  The facility is projected to have installed capacity of 180 MW and will provide power for Peñoles’ internal needs.  The amount of investment was not specified. (El Financiero, April 28, 2014)
  • Packaging: Swedish-Swiss packaging manufacturer Tetra Pak plans expansion of its production plant in the central state of Querétaro at a cost of approximately US$100 million.  Upgrades will focus on boosting lamination capacity in the face of annual growth of over 4% in the company’s Mexico market. (El Economista, April 20, 2014)
  • Retail: Mexican appliance and general merchandise retailer Coppel is estimating its 2014 investment at approximately US$175 million to expand its footprint.  The chain’s plans include opening 110 new retail locations. (El Financiero, April 11, 2014)
  • Automotive: Mexican industrial park developer Vesta acquired land in the central state of Tlaxcala to build a new manufacturing park for the automotive industry.  The US$22 million complex is intended to serve suppliers to a new OEM plant for German auto maker Audi projected to start production in 2016 in the nearby state of Puebla. (Vesta, April 9, 2014) Read the rest of this entry »

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