Information collected from media reports over the past month:
- Food processing: Mexican meat processor SuKarne initiated construction of a new beef processing plant at a total cost of US$110 million. Plans for the facility include the addition of a 70,000-head feedlot in the future. (Meat & poultry, February 24, 2012)
- Manufacturing: American medical device manufacturer Welch Allyn inaugurated a major expansion of its Tijuana production plant. The infrastructure upgrade, which required investment of US$7.4 million, will allow the facility to boost production of medical thermometers. (Siglo 21 Periódico Industrial, January 30, 2012)
- Pharmaceutical: Mexican pharmaceutical and cosmetics manufacturer Genomma Lab announced it will invest US$23 – 30 million in research and development of new products this year. The fast growing company was founded in 1996 and now exports to over 30 countries. (El Financiero, January 27, 2012)
- Hospitality: Mexican hotel operator Hoteles City plans to open 14 new locations in Mexico and one in Costa Rica this year. The chain intends to seek LEED certification for 10 of its units already in operation. (El Financiero, January 30, 2012)
- Automotive: Ford Motor Co.’s Mexican subsidiary will invest approximately US$1.5 billion in expansion and upgrades at its manufacturing plant in the northern city of Hermosillo in 2012. Plans include a new diesel motor production facility and an engineering center. (El Financiero, January 30, 2012) Read the rest of this entry »
