Posts Tagged Steel

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Energy: Spanish energy infrastructure developer Iberdrola announced it has been awarded a contract to construct and operate a combined cycle electricity generation plant in the northwestern state of Sinaloa. The US$400 million plant is projected to have generation capacity of 766 MW. (El Financiero, March 22, 2017)
  • Food processing: Swiss processed foods giant Nestlé plans to invest approximately US$28 million to achieve water savings at its coffee processing plant in the central city of Toluca. Process modifications will include reduction of steam use, improved condensation recovery and the re-use of pre-treated water in industrial services, the company reported. (El Financiero, March 22, 2017)
  • Entertainment: Mexican corporate group Diniz reported it will add six new family entertainment centers under its Recórcholis brand in Mexico this year at a cost of approximately US$12 million. The centers include children’s activities such as games, rides, bowling, ice skating, go karts, miniature golf and others. (Reforma, March 22, 2017)
  • Logistics: U.S. transport and storage company Bulkmatic, through its Mexico subsidiary Bulkmatic de México, plans to construct a fuel storage terminal in the central state of Hidalgo, the company reported. The US$50 million project will include 10 tanks for gasoline, diesel and biodiesel. (Reforma, March 22, 2017)
  • Retail: Mexican upscale department store operator Liverpool announced it will open 11 new stores in the country during the current year. A planned US$300 million in investment will support new retail locations principally under the company’s Fábricas de Francia brand, in addition to maintenance operations for existing stores. (El Financiero, March 16, 2017) Read the rest of this entry »

Tags: , , , , , , , , , , , , , ,

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Glass: Mexican glass manufacturer Grupo Millet reported plans to construct a new production plant in the southeastern state of Yucatan. The US$70 million site will produce architectural glass for export to the United States and elsewhere in Latin America. (El Financiero, January 25, 2017)
  • Casual dining: Mexico’s leading casual dining franchise operator Alsea plans investment of approximately US$190 million to open a record number of new locations across its portfolio in 2017, the company reported. Plans include some 250 new stores, in formats such as Starbucks, Burger King, Domino’s Pizza, Chili’s and others. (Reforma, January 24, 2017)
  • Technology: U.S.-based Deloitte Consulting inaugurated a regional service delivery center in the central Mexican state of Querétaro. The US$10 million center is planned to provide development, testing, support and maintenance services for the firm’s application maintenance, enterprise resource planning (ERP) and IT consulting clients throughout the Americas. (El Economista, January 25, 2017)
  • Natural gas: Mexican fuel distribution company Grupo Energéticos (Energex) plans to build four service stations to offer vehicular natural gas in the country this year, the company reported. The US$4 million project will provide compressed natural gas for vehicular use as an alternative to conventional gasoline, which has risen sharply in price during the current year. (Reforma, January 23, 2017)
  • Energy: Spanish energy infrastructure developer Iberdrola will invest approximately US$600 million to construct an electricity generation plant in the northeastern state of Nuevo León, the company reported. The combined cycle plant is planned to be powered by natural gas. (Mundo Ejecutivo, January 19, 2017) Read the rest of this entry »

Tags: , , , , , , , , , , , , , , ,

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Steel: A consortium led by Japanese steel products manufacturer Kobe Steel inaugurated a new manufacturing plant in the central state of Guanajuato, local media reported. The US$33 million facility is planned to produce  cold-heading quality steel wire. (Unión Guanajuato, October 11, 2016)
  • Automotive: Japanese auto maker Toyota announced it will invest US$150 million in its manufacturing plant in the northwestern state of Baja California. Manufacturing processes will be upgraded and expanded to boost production of the Tacoma pickup truck by 60%. (El Financiero, October 24, 2016)
  • Renewable energy: UK-based infrastructure developer Cubico Sustainable Investments plans investment of approximately US$700 million in Mexico over the next two years. The company was awarded two contracts in a recent Mexico auction to construct a wind farm and a solar power generation plant. (Reforma, October 11, 2016)
  • Industrial parks: The members of the Mexican Industrial Parks Association (AMPIP) expect to invest up to US$7 billion to develop new industrial parks through 2018, the organization announced. Trends such as the need for strategic fiscal warehousing and special economic zones are driving expansion, according to AMPIP. (Reforma, October 7, 2016)
  • Hospital equipment: Japanese bed producer Paramount Beds plans to establish a new manufacturing site in the central state of Querétaro, the Querétaro government reported. The US$3.5 million facility will produce specialized beds for hospitals and home patient care. (Visión Industrial, October 12, 2016) Read the rest of this entry »

Tags: , , , , , , , , , ,

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Automotive: German auto maker Audi inaugurated a major new manufacturing plant in the southeastern state of Puebla. The US$1.3 billion facility will produce the brand’s Q5 premium sports utility vehicle (SUV) for export around the world, according to media reports. (Expansión, September 30, 2016)
  • Technology: U.S. networking technology manufacturer Cisco Systems estimates it will invest up to US$4 billion in Mexico operations over the next two years, the Mexican government reported. Resources reportedly will support increased production  of products such as routers, servers and video-conferencing screens for export to 110 countries. (Bloomberg, September 27, 2016)
  • Electronics: Japanese audio speaker manufacturer Tohoku Pioneer will establish a manufacturing plant in the western state of Jalisco, the Jalisco state government announced. The US$5million production site will be located next to an existing Pioneer Corp. plant producing GPS systems. (Informador, September 27, 2016)
  • Steel: Mexican steel wire producer Deacero is projecting approximately US$300 million in investment over the next two years in Mexico operations. Plans include adding new products to the company’s portfolio, particularly for the automotive industry. (Reforma, September 8, 2016)
  • Solar power: IEnova, the Mexican subsidiary of U.S. natural gas utility Sempra Energy, plans to invest approximately US$150 million in the two energy generation projects it was awarded in a recent government auction. IEnova will build two solar parks in the states of Aguascalientes and Baja California. (El Financiero, September 29, 2016)
  • Casual dining: Mexican casual dining franchise operator Orquest Foods plans to open 60 Papa John’s pizza restaurants in Mexico over the next eight years, the company reported. Orquest recently acquired 26 Papa John’s locations in the Mexico City metropolitan area.  (Reforma, September 9, 2016) Read the rest of this entry »

Tags: , , , , , , , , , , , ,

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Steel: Mexican steel producer Altos Hornos de México (AHMSA) inaugurated a steel plate normalizing plant in the northern state of Coahuila. The US$140 million facility is expected to process steel for rail tanker cars, marine vessels and other applications requiring hardened steel. (El Tiempo, June 28, 2016)
  • Commercial real estate: Mexican developer GICSA is projecting approximately US$1.6 billion to build 15 shopping centers and mixed-use developments through 2018, the company reported. Projects include luxury sites in resort areas Playa del Carmen and Puerto Vallarta, as well as the Mexico City and Cuernavaca areas. (El Financiero, June 22, 2016)
  • Infrastructure: Canadian investment group Caisse de dépôt et placement du Québec (CDPQ) plans joint investment of US$834.5 million with Mexican investment consortium CKD Infraestructura México to develop infrastructure projects in Mexico, the Mexican government reported. Projects are expected to focus on electricity generation, transmission and distribution. (El Financiero, June 28, 2016)
  • Healthcare: U.S. wellness services provider Cenegenics plans investment of approximately US$10 million over the coming two years to open 10 clinics in Mexico, the company reported. Cenegenics’ program of “age management medicine” targets premium level consumers. (Reforma, June 17, 2016)
  • Aerospace: Spanish aerospace engine and turbine manufacturer ITP plans to expand production capacity at its plant in the central state of Querétaro, the company reported. The US$50 million investment will support design and production of components such as fuselages, radial structures, seals and hydraulic systems. (Reforma, June 20, 2016) Read the rest of this entry »

Tags: , , , , , , , , , , ,