Tag Archives: industrial parks

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Renewable energy: Mexico’s Federal Electricity Commission (CFE) announced a joint investment with the Inter-American Development Bank (IDB) to install renewable energy technologies in Mexico City’s Central de Abasto food distribution center. Projects include the installation of PV solar panels, a biogas-driven electricity generation plant to recycle organic waste and a biodiesel processing facility to convert used cooking oil into automotive diesel. (La Jornada, May 27, 2019)
  • Wind power: Italian renewable energy developer Enel Green Power inaugurated a wind energy park in the northeastern state of Tamaulipas, the company reported. The US$150 million, 103 Mw site is planned to supply clean power to the national Federal Electricity Commission (CFE) for 15 years. (El Financiero, May 21, 2019)
  • Industrial parks: Mexican industrial real estate developer Vesta inaugurated a new industrial park for the automotive industry in the northeastern state of San Luís Potosí. The company plans to add an additional 11 industrial buildings to the site over the next five years at an estimated cost of US$90 million. (Reforma, May 16, 2019)
  • Airlines: Mexican passenger air carrier Aeromexico announced an investment program of US$3 billion over the next six years. The airline plans to acquire 90 new aircraft as well as equipment  and motors, among other upgrades. (Reforma, May 15, 2019)
  • Food processing: U.S.-based food and beverage multinational Pepsico announced US$4 billion in investment plans for Mexico operations through 2020. Projects include a new savory snacks plant in the central state of Guanajuato as well as upgrades in areas such as infrastructure, sustainability programs and community development. (Reforma, May 7, 2019) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Pork: U.S.-Mexican pork producer Granjas Carroll de Mexico inaugurated a large pork processing plant in the southern state of Puebla, the company reported. The US$145 million facility is equipped with eight biodigesters to produce clean energy and has processing capacity of 600 hogs per hour. (El Financiero, February 21, 2019)
  • Chemicals: Netherlands-based chemicals maker Nouryon reported it will expand its manufacturing plant in the central State of Mexico. The US$17 million upgrade will allow the site to increase production of organic peroxides used in the manufacture of PVC and other plastics. (El Financiero, February 19, 2019)
  • Automotive: German automotive components manufacturer Preh inaugurated a new pre-production plant in the northeastern city of Nuevo León, the company reported. The US$7.4 million facility will allow Preh to expand production capacity for products such as dashboard electronics, climate control, audio and navigation systems. (Zócalo, February 15, 2019)
  • Telecommunications: Mexican telecommunications multinational América Móvil reported plans to invest approximately US$8.5 billion this year across operations. Resources will support expansion of wireless coverage, data transmission capacity and 5G technology. (El Financiero, February 14, 2019)
  • Mining: UK and Mexico-based mining company Fresnillo reported investment plans totaling approximately US$1.98 billion to support operations in Mexico over the next three years. Plans include acceleration of silver and gold extraction as well as the expansion of the company’s pyrites plant in the northern state of Zacatecas. (El Financiero, February 27, 2019) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Automotive: Swiss machinery manufacturer Komax inaugurated a manufacturing plant in the central state of Guanajuato. The US$5 million facility is planned to produce electromechanic systems and equipment used to test wire harnesses for the automotive industry. (Reforma, November 30, 2017)
  • Manufacturing: U.S.-based multinationals Flex and Nike inaugurated a wearable electronics manufacturing plant in the western state of Jalisco. The US$105 million complex includes its own electricity co-generation plant. (Milenio, November 29, 2017)
  • Wind power: Italian renewable energy developer Enel Green Power plans to build four wind power plants in Mexico, the company reported. Projected investment of US$700 million includes construction of approximately 593 Mw of generation capacity in the northern states of Coahuila and Nuevo León. (El Financiero, November 24, 2017)
  • Brewing: Mexican brewer Grupo Modelo, subsidiary of Belgium-based brewing multinational Anheuser-Busch InBev, announced plans to build a new beer brewery in the central state of Hidalgo. The US$737 million site is planned to have initial annual production capacity of 12 million hectoliters. (Reforma, November 24, 2017)
  • Retail: Mexican grocery and general merchandise retailer La Comer opened a new store under its upscale City Market format in the western city of Guadalajara. The US$10.5 million sales location features a wide selection of imported gourmet products. (El Financiero, November 23, 2017) Continue reading Recent and upcoming investment in Mexico