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 »