Posts Tagged Telecommunications

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 »

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Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Retail: Mexican commercial conglomerate Grupo Gigante plans investment of approximately US$800 million over the next five years to expand and upgrade its casual dining properties, the company reported. Projects include new location openings and remodeling for chains such as Toks and Beer Factory, as well as support for non-food retail chains operated by the company such as Office Depot and Petco. (Reforma, July 27, 2016)
  • Aerospace: U.S. aerospace components manufacturer Esterline Corp. announced it will expand its plant in the northern border city of Tijuana during the company’s participation at the recent Farnborough International Air Show. The US$35 million expansion will allow Esterline to increase production of its electronics for aerospace applications. (Tijuana en la Noticia, July 14, 2016)
  • Medical devices: German medical device manufacturer CODAN announced it will invest approximately US$9 million to establish a new production plant in the northern border city of Tijuana. The site is expected to produce medical transfusion and infusion systems. (Periódico Industrial Siglo 21, July 21, 2016)
  • Telecommunications: Mexican telephone, television and internet service provider Totalplay, a subsidiary of conglomerate Grupo Salinas, is completing investment of US$400 million to expand its fiber optic network, the company reported. The company reports coverage of 6 million homes in 20 Mexican cities. (El Financiero, July 13, 2016)
  • Airports: Mexican airport operator Grupo Aeroportuario del Centro Norte (OMA) inaugurated a US$3.8 million expansion of its airport at the Pacific coast resort of Zihuatanejo, the company reported. Projects included expansion and remodeling of terminal locations including waiting areas, baggage claim, immigration, Customs, inspection and passenger services areas. (El Financiero, July 15, 2016) Read the rest of this entry »

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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)

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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) Read the rest of this entry »

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Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Telecommunications: U.S. telecom giant AT&T announced plans to invest approximately US$3 billion in Mexico through 2018. The company’s aggressive plans will focus on extending its high-speed mobile Internet service to 100 million people in the country. (AT&T, June 25, 2015)
  • Aerospace: U.S. aerospace components manufacturer Esterline Corp. plans investment of approximately US$35 million in its Mexico operations. The company seeks to increase production of sensors, connections and molded plastic parts at its plant in the northern border city of Tijuana. (El Financiero, June 17, 2015)
  • Rail: Mexican mining conglomerate and rail transport operator Grupo Mexico will invest approximately US$50 million to upgrade railroad infrastructure, the company reported. Projects include track replacement for group’s Ferromex and Ferrosur rail lines in 21 Mexican states. (Finamex Casa de Bolsa Comentario de Cierre, June 24, 2015)
  • Aerospace: France-based Hutchinson Aerospace reported investment of US$40 million in its manufacturing operations in the northwestern state of Baja California. Resources will support expanding capacity for production of vibration and noise control systems for aircraft. (El Financiero, June 17, 2015)
  • Beverage: U.S. drinks giant Constellation Brands is currently implementing a US$2 billion investment program in support of its operations in the northern Mexican state of Coahuila, the company reported. Plans are focused on increasing production capacity at the company’s beer brewing and glass manufacturing plants in the municipality of Nava. (Finamex Casa de Bolsa Comentario de Bolsa, June 16, 2015) Read the rest of this entry »

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