Tag Archives: pharmaceuticals

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Food processing: Mexican dairy products giant Grupo Lala inaugurated its first processed meats plant in the central state of Hidalgo, the company reported. The US$55 million facility will produce products for the company’s Nutri Deli brand such as hot dogs, Vienna sausages and sliced processed turkey and ham. (Expansión, October 30, 2017)
  • Construction: Mexican real estate developer Grupo Inmobiliario Frondoso reported plans to invest approximately US$184 million in new residential developments over the next four years.  Projects in planning are targeting cities in the central zone of the country including Guadalajara, San Luís Potosí and León. (El Financiero, October 30, 2017)
  • Electricity: Spanish renewable energy developer Acciona Energía reported it will build electricity transmission infrastructure in the northwestern state of Sinaloa, following a successful tender bid. The US$24.5 million project will include two high tension transmission lines and two substations. (El Financiero, October 24, 2017)
  • Aerospace: Aerospace manufacturer AT Engine Mexico, a joint venture between Germany-based Aerotech Peissenberg and Mexico’s Grupo Punto Alto, plans to establish a production plant in the northwestern state of Sonora. The US$200 million facility is expected to produce turbine parts for General Electric and Rolls Royce aircraft engines. (El Financiero, October 20, 2017)
  • Gasoline: U.S. gas station operator Gulf reported plans to establish 2,000 filling stations in Mexico at a cost of approximately US$211 million. The company also has plans to invest approximately US$400 million to construct six fuel storage terminals in the country over the next three years. (El Financiero, October 19, 2017) Continue reading Recent and upcoming investment in Mexico

Mexico seeks entry into pharma practices agreement

PharmaMexico’s pharmaceutical industry has been performing well in recent years.  Both multinational subsidiaries and domestic manufacturers are targeting booming maladies like obesity and diabetes, and taking advantage of the relatively low cost of clinical testing and R&D.  But as private sector manufacturers make headlines investing in flashy new laboratories, The Mexican government has been quietly pursuing a regulatory initiative that may soon make an important impact on pharmaceutical manufacturing in the country. Continue reading Mexico seeks entry into pharma practices agreement

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Retail: Mexican toy retailer Juguetron plans to open 10 to 15 new stores in 2016, the company reported. Projected investment for the expansion was not specified by the company, which currently operates 77 retail locations in Mexico. (El Financiero, December 18, 2015)
  • Aerospace: French aerospace manufacturer Messier-Bugatti-Dowty (MBD), a subsidiary of Safran, is in the process of executing investment of approximately US$14 million through 2018, the company reported. MBD is currently expanding capacity to manufacture aircraft landing gear at its plant in the central state of Querétaro. (El Financiero, December 15, 2015)
  • Transport: Mexican inter-city passenger bus operator Grupo ADO will invest approximately US$6 million to build a new eco-friendly passenger terminal in the southeastern city of Chetumal. The LEED-certified site is planned to include high efficiency technologies in areas such as energy consumption, potable water and CO2 emissions reduction, among others. (El Financiero, December 11, 2015)
  • Pet food: Swiss processed foods giant Nestlé inaugurated a new pet food plant in the central state of Guanajuato, the company reported. The US$220 million facility will produce Purina product to help Nestlé keep up with 10% annual growth in demand. (El Financiero, December 10, 2015)
  • Natural gas: Spanish natural gas utility Gas Natural Fenosa is projecting investment of approximately US$135 million to expand Mexico operations in 2016, the company reported. Fenosa plans to extend its natural gas transmission and distribution pipeline network to add new industrial and residential customers. (El Financiero, December 10, 2015) Continue reading Recent and upcoming investment in Mexico