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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

  • Automotive: Japanese auto parts manufacturer UtopYa Industries Ltd. announced plans to invest US$13 million to build a new production plant in the central state of Guanajuato.  The site will produce steel rims for passenger cars and buses and light commercial trucks. (Reforma, June 4, 2013)
  • Glass: Mexican industrial glass giant Vitro invested US$50 million to expand production capactiy at its glass making plant in the central state of Queretaro.  Vitro operates 10 bottle making facilities in Mexico as well as joint ventures in Costa Rica, Panama, Guatemala and Bolivia. (Reforma, June 7, 2013)
  • Infrastructure: Mexican oil and gas state monopoly Petroleos Mexicanos (Pemex) will invest approximately US$65 million this year to upgrade infrastructure at seven ports around the country.  Planned projects include modernization of platforms, substructures, roadways, pilings and fire prevention and control systems. (Reforma, May 29, 2013)
  • Plastics: Canadian automotive plastics manufacturer Mitchell Plastics will invest approximately US$20 million to open a plastic injection plant in the central state of Queretaro.  The new facility is planned to open later this year, producing decorative and functional plastic pieces for automotive interiors. (El Universal, May 8, 2013)
  • Manufacturing: Brazilian industrial manufacturer Embraco plans investment of up to US$60 million to expand production capacity at its Mexico plant in the northeastern state of Nuevo Leon.  Resources are targeted to boost output of refrigeration compressors and initiate production of next-generation compressor technology. (Reforma, June 19, 2013) Continue reading Recent and upcoming investment in Mexico