Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Plastics: Mexican chemical and plastics maker Alpek will invest approximately US$2 billion over the next four years in petrochemical infrastructure and electricity generation, the company announced.  Mexico’s largest petrochemical group plans to boost output of ethylenglycol and PET plastic, among other projects. (Mexican Business Web, May 9, 2012)
  • Automotive: U.S. automotive fiber products manufacturer Janesville Acoustics inaugurated a new production facility in the central Mexican state of Guanajuato.  The US$4.5 million plant will produce fiber products to manage vehicle acoustic performance for the area’s thriving automotive manufacturing industry. (Automotive Business Review, May 15, 2012)
  • Retail: Leading Mexican grocery and general merchandise retailer Chedraui will invest approximately US$220 – 260 million this year in expansion and upgrades, the company reported.  Resources are earmarked for the opening of 16 new stores and maintenance systems for existing sites. (El Financiero, May 10, 2012)
  • Automotive: German corrugated pipe manufacturer invested US$3.7 million of a planned US$7 million to begin operations at a new production plant in the central state of Guanajuato.  The facility will produce fluid transfer and cable protection systems for automotive and industrial applications. (El Economista, April 25, 2012)
  • Energy: Mexican grocery and general merchandise retailer Soriana will begin construction this month on a wind energy plant in the northern state of Tamaulipas.  The US$100 million generating plant will be built in association with wind energy developer Compañía Eólica de Tamaulipas (CETSA).  (Milenio, May 16, 2012)
  • Automotive: U.S. automotive components manufacturer American Axle & Manufacturing, Inc. inaugurated a new production plant for its AccuGear division in the central Mexican state of Guanajuato.  The US$30 million facility will reportedly provide gear forming, machining and heat treating services for automotive OEMs including Chrysler, Nissan, General Motors and Volkswagen, the company reported. (El Financiero, May 17, 2012)
  • Transport: The western city of Aguascalientes invested approximately US$2.5 million in the purchase of 50 Nissan Leaf electric automobiles for incorporation into the city’s taxi fleet.  The zero-emission vehicles were inaugurated providing free service during the recent San Marcos state fair.  (El Universal, May 14, 2012)
  • Automotive: Korean automotive manufacturer Hyundai announced planned investment of US$131 million to build a new production plant in the city of Tijuana, on the Mexico-California border.  The new facility is planned to produce engine blocks, cylinder heads and transmission components.  (El Financiero, May 21, 2012)
  • Aerospace: France-based helicopter manufacturer Eurocopter inaugurated two Spanish-language training centers in the central Mexican state of Queretaro, in the framework of a multi-stage US$600 million investment program planned for Mexico.  Training areas will include engine maintenance, mechanics, avionics and pilot training. (El Financiero, May 24, 2012)
  • Automotive: Japanese-owned automotive rubber and glass products manufacturer Nishikawa Cooper is preparing to launch operations at a new production plant in the central Mexican state of Guanajuato.  The US$35 million facility will provide components for OEMs such as Honda, Nissan and Mazda. (El Porvenir, April 1, 2012)
  • Automotive: Japanese auto parts manufacturer Yutaka Technologies has begun construction of a new production plant in the central state of Guanajuato.  The US$40 million facility will produce exhaust, engine and brake parts for automobiles and motorcycles. (Zona Franca, May 9, 2012)
  • Automotive: Japanese auto parts maker Alpha began construction of a new production facility in the western state of Jalisco.  The US$80 million plant, to be the country’s second in Mexico, will provide plating processes for locks and door handles for clients such as Honda, Nissan and General Motors in the country. (Milenio, May 26, 2012)

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