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Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Tires: U.S. tire maker Goodyear announced it will build a major new manufacturing plant in Mexico’s northeastern state of San Luís Potosí at a cost of approximately US$550 million. The facility, intended principally to supply the region’s booming automotive industry, is expected to come on line in 2017. (La Crónica, April 24, 2015)
  • Ports: U.S. rail and marine terminal operator Grupo Carrix plans investment of approximately US$670 million in Mexico through 2018, the company reported. Projects include completion of a new cutting edge port terminal at Tuxpan on the Gulf of Mexico. (El Economista, April 23, 2015)
  • Industrial parks: Mexican industrial real estate developer Vesta plans to build a new industrial park near the tourism center of San Miguel de Allende, the company reported. The US$61 million project aims to take advantage of the rapidly expanding automotive industry in the central state of Guanajuato. (El Financiero, April 23, 2015)
  • Packaging: U.S. jar and can maker Ball Corp. will establish a manufacturing plant in Mexico, the company reported. The new facility is planned to produce metal cans to meet demand from thriving beer production in the country. (Denver Post, April 20, 2015)
  • Transport: U.S. railroad freight car equipment manufacturer Greenbrier inaugurated a new production plant in the central state of Tlaxcala, the company reported. The site, for which the amount of investment was not specified, will produce boxcars, gondolas and hoppers principally for export to the United States. (Mexican Business Web, April 21, 2015) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Healthcare: Mexican hospital operator Grupo Oca DH has initiated construction of a new hospital in the northeastern state of Nuevo León, and plans an additional hospital in Mexico City next year.  The US$110 million Nuevo León site will include 17 floors, 32 intensive care units and state-of-the-art medical technology. (El Financiero, December 17, 2013)
  • Automotive: U.S. auto parts and accessories retailer AutoZone looks to expand aggressively in the Mexican market via investment of US$160 million.  Plans include construction of a large scale distribution center in central Mexico and the opening of 40 new sales location.  AutoZone currently operates 363 stores in Mexico. (Reforma, December 16, 2013)
  • Manufacturing: Mexican kitchen and bathroom fixture manufacturer Helvex plans investment of up to US$7 million in 2014.  Resources will go toward maintenance and equipment upgrades for the company’s manufacturing infrastructure. (Reforma, December 13, 2013)
  • Retail: Swiss watchmaker Swatch Group announced it will launch its own stores in the Mexican market.  The company recently opened its first store in Mexico City, and seeks expand to 15 stores in Mexico by the end of 2015. (Reforma, December 9, 2013)
  • Livestock: Mexican meat processor SuKarne is currently building the country’s largest integrated livestock and feed production facility.  The US$615 million megasite is planned to include feedlot capacity for 250,000 animals, a large-scale feed production plant and a TIF-certified slaughterhouse. (Sagarpa, December 8, 2013) Continue reading Recent and upcoming investment in Mexico