Tag Archives: services

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Food processing: Mexican dairy products giant Grupo Lala plans investment of approximately US$7 million to expand its pasteurized products plant in the western state of Jalisco, the company reported. Lala also plans to establish three new distribution centers in the region. (El Financiero, May 25, 2016)
  • Telecommunications: Spanish telecom operator Telefónica is planning five projects in Mexico this year requiring investment of approximately US$185 million, the company reported. Resources will support expansion of its 4G LTE network to new areas of the country and reinforcement of its fiber optic network, among other activities. (El Financiero, May 20, 2016)
  • Solar energy: Spanish energy investors Fisterra Energy initiated construction of a major solar power plant in the northern state of Chihuahua, the state government reported. The US$350 million generation site reportedly will include 1.5 million photovoltaic panels. (El Financiero, May 18, 2016)
  • Medical devices: Italian medical device manufacturer Haemotronic announced plans to establish a production site in the northern state of Tamaulipas. The US$10 million facility is planned to take advantage of its border location to serve the U.S. market. (Mexican Business Web, May 18, 2016)
  • Pharmaceuticals: German drug maker Merck is planning to expand production capacity at its plant in the central State of Mexico at an estimated cost of US$9.8 million, the company reported. The site produces a substantial portion of Merck’s OTC products for the Latin American market. (Reforma, May 6, 2016)
  • Tourism: Mexican adventure park operator Experiencias Xcaret plans investment of approximately US$25 million to open a new ecological entertainment park in the southeastern state of Quintana Roo. The company operates popular adventure parks in the Riviera May region such as Xcaret, Xel Ha and Xplor. (Reforma, May 4, 2016)
  • Automotive: German electronics and engineering multinational Bosch is projecting investment of approximately US$100 million in Mexico operations this year. A substantial portion of the funds will support a new plant to produce automotive steering columns under construction in the central state of Querétaro, the company reported. (El Financiero, May 5, 2016)
  • Services: U.S. assisted living service providers Belmont Village plan to open their first facility in Mexico, the company reported. The US$42 million housing and care complex for seniors is planned to be the first of a series of similar sites Belmont will open in Mexico’s largest cities. (El Financiero, May 3, 2016)
  • Electronics: Mexican automotive electronics manufacturer Seeräuber Automotive inaugurated a new production plant in the western state of Jalisco, the company reported. The US$1 million site will provide manufacturing, assembly and supply management services to regional Tier 1 automotive suppliers. (Mundo Automotriz, May 3, 2016)

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Industrial parks: Mexican real estate developer Artha Capital plans investment of approximately US$113 million to build a new industrial park in the central state of Hidalgo. Manufacturers of products such as packaging, industrial kitchen equipment and building materials have already committed to space in the new site, the Hidalgo state government reported. (Inmobiliare, March 31, 2016)
  • Services: Mexican virtual office operator Iza Business Centers plans to open at least 10 new locations via investment of approximately US$11 million, the company reported. The new sites would bring the number of Iza office centers in Mexico to 36. (Reforma, March 28, 2016)
  • Railroad: Mexican railroad operator Ferrovalle plans investment of approximately US$17 million to construct a rail freight link to the new international airport currently under construction in Mexico City, the Communications and Transport Ministry (SCT) announced. The link will initially be used to deliver and remove construction materials, with the possibility of remaining in operation to provide freight services once the new airport opens. (El Financiero, March 23, 2016)
  • Industrial parks: Mexican commercial real estate developer Vynmsa inaugurated a new industrial park in the central state of Guanajuato, the state government reported. The US$10 million facility is reportedly equipped with a water treatment plant, LED lighting and other resource-conserving technologies. (Reforma, March 16, 2016)
  • Retail: U.S.-based grocery and general merchandise retailer Wal-Mart plans investment of approximately US$816 million in Mexico operations in the present year, the company reported. Resources are earmarked to support new store openings as well as major remodeling of existing stores and significant expansion and upgrade of the company’s on-line sales infrastructure, particularly for mobile applications. (Reforma, March 11, 2016) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Manufacturing: Taiwanese metal machining and stamping company SIXXON Precision Machinery Co. will establish a new production facility in the northern state of Coahuila, state officials reported.  The US$20 million plant is planned to produce metal bicycle parts. (Mexican Business Web, June 24, 2014)
  • Automotive: South Korean automotive components manufacturer LG innotek inaugurated its first overseas production plant in the central Mexican state of Querétaro.   The site will produce brake motors, steering systems and gearshifts, among other products.  The amount of investment was not specified. (LG Innotek, June 26, 2014)
  • Ports: The Mexican subsidiary of U.S.-based port operator SSA Marine projects investment of approximately US$550 million in Mexico port infrastructure over the next four years.  Projects include upgrades to existing facilities as well as two new terminal sites at Tuxpan on the Gulf coast and Lázaro Cárdenas on the Pacific coast. (Mundo Portuario, June 23, 2014)
  • Retail: U.S.-based casual dining chain TGI Friday’s plans to open 10 locations in Mexico over the next five years via investment of approximately US$12.3 million, the chain’s Mexican franchise operator reported.  TGI Friday’s currently operates 17 restaurants in Mexico. (El Financiero, June 19, 2014)
  • Manufacturing: Danish toymaker Lego inaugurated a new expansion at its production plant in the northeastern state of Nuevo León, taking the company’s total investment in the site to US$580.7 million.  At the inauguration ceremony, Lego management suggested the company will continue to expand Mexico manufacturing operations. (Reforma, June 20, 2014) Continue reading Recent and upcoming investment in Mexico