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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:

  • Airports: Mexican airport operator Grupo Aeroportuario del Centro Norte (OMA) is projecting investment of approximately US$68 million in its international airport at the northeastern industrial city of Monterrey over the next five years, the company reported. Projects are expected to include modernization of infrastructure, technology upgrades and improvements to cargo handling and security systems. (El Financiero, January 21, 2016)
  • Composites: French aerospace manufacturer Safran plans to establish a new materials production plant in the central state of Querétaro, the state government reported. The US$100 million facility is expected to produce composite materials for rotor blades. (El Financiero, January 21, 2016)
  • Retail: U.S. DIY retailer The Home Depot plans investment of approximately US$80 million in Mexico operations in 2016, the company reported. Expansion plans include six new stores in the country, where the company projects double-digit sales growth this year. (Reforma, January 20, 2016)
  • Electricity: Mexican industrial conglomerate Grupo México is projecting investment of US$1 billion to expand its electricity generation capacity following the opening of the Mexican electricity market this month. The group currently operates two combined cycle plants and a wind park, and is evaluating the addition of natural gas-powered combined cycle plants, as well as solar and wind generation facilities going forward. (Reforma, January 20, 2016)
  • Automotive: Germany-based industrial conglomerate Thyssenkrupp will build two new manufacturing plants in Mexico at an estimated cost of US$125 million, the company announced. One site in the southern state of Puebla is planned to produce steering systems for Volkswagen, and a second site in the central state of Guanajuato will produce camshafts. (Reforma, January 21, 2016) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Automotive: Japanese vehicle manuacturer Nissan is investing US$75 million to carry out modifications at its plant in the southern state of Morelos. Lines will be adapted to produce the company’s Frontier line of pickup trucks. (El Economista, January 27, 2015)
  • Mining: Canadian mining company Baja Mining, in conjunction with Korean state-owned mining developer Kores, inaugurated production at a site in the northern state of Baja California Sur. The US$2 billion project is expected to produce copper, zinc sulphate and metallic cobalt. (The Northern Miner, January 30, 2015)
  • Solar power: Mexican solar panel manufacturer ERDM Solar will expand the capacity of its manufacturing plant in the eastern state of Veracruz via investment of approximately US$116 million, the company reported. Plans include installation of a new production line by German technology provider Schmid. (Reforma, January 20, 2015)
  • Manufacturing: U.S.-based personal care products manufacturer Kimberly-Clark will invest over US$100 million in Mexico operations this year, the company reported. Mexico’s largest manufacturer of bathroom tissue, napkins and diapers will apply resources to the expansion of production capacity, plant maintenance and research and development. (El Financiero, January 28, 2015)
  • Hotels: Mexican hotel operator Grupo Posadas is projecting estimated investment of US$300 in Mexico operations in 2015. The company reports that they are currently opening an average of two new hotels per month in the country. (El Financiero, January 30, 2015) Continue reading Recent and upcoming investment in Mexico