Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Beverage: Mexican beverage producer Organización Cultiba, exclusive bottler for PepsiCo in Mexico, plans investment of approximately US$157 million in Mexico operations this year.  Resources will be channelled into bottling and distribution operations as well as sugar cane production, the company reported.  (Mexican Business Web, March 6, 2013)
  • Telecommunications: Swedish telecommunications giant Ericsson opened a new Global Service Center in the central state of Queretaro.  The US$13 million center is one of four such sites worldwide, and will provide planning, design, implementation and support services to customers in the Americas and Europe , according to the company’s announcement. (TMC News, Ericsson, February 27, 2013)
  • Automotive: German auto parts manufacturer Hella will open a new production plant in the central state of Guanajuato this year, the company announced.  The US$100 million project is planned to produce headlamps and rear combination lamps for automotive OEMs in the region. (ProMexico, March 5, 2013)
  • Financial services: Spanish-owned bank Bancomer will invest approximately US$3.5 billion over the next four years to expand and upgrade operations in Mexico, the company announced.  Plans include renovating all retail branches in in the country,  upgrading technology platforms for data processing and completing construction of two new operations centers and a corporate office complex in the Mexico City area. (CNN Expansión, March 21, 2013)
  • Solar energy: Spanish solar energy developer Isofoton has signed an agreement with the government of the southeastern state of Yucatan to design and build a photovoltaic energy generation site in the state.  The US$360 million facility, planned to begin construction in 2014, is projected to produce 150MW once completed. (NAFTA Works, March 2013)
  • Telecommunications: Mexican telecommunications services provider Alestra plans to build a new data center in the central state of Queretaro at a cost of approximately US$61 million.  The new center will provide telecommunications and information technology solutions to corporate clients throughout Mexico through state-of-the-art technology, the company reported. (February 27, 2013)
  • Automotive: The state of Queretaro plans to establish a Public Automotive University to provide specialized training specifically to support the central Bajío region’s burgeoning automotive industry.  The project is estimated to require investment of approximately US$63 million.  (Mexican Business Web, March 6, 2013)
  • Transport: Rail freight operator Kansas City Southern de Mexico plans investment of US$137 million during the current year, the company announced. Projects include building a rail connection to the Interpuerto Monterrey interior port, adding locomotives and related equipment, and installing new operations management systems. (Milenio, March 13, 2013)
  • Retail: Mexican retailer Grupo Sanborns plans investment of approximately US$1.4 billion over the next five years to expand the presence of its sales locations nationwide.  The company operates the Sanborns and Sears department store chains as well as the Mixup music shops. (Mexican Business Web, March 22, 2013)
  • Transport: Mexican freight transport and vehicle services provider TIP Mexico will invest US$55 million to support operations this year, the company reported.  Resources will support purchase of new trailers and additional vehicles as well as truck maintenance services. (Mexican Business Web, March 14, 2013)
  • Entertainment: Recórcholis, a Mexican-owned operator of family entertainment centers, plans investment of approximately US$11 million this year to open new sites in the cities of Mazatlán, León, Culiacán and Mexico City.  The company operates game and food arcades inside shopping centers in various Mexican cities. (Reforma, March 14, 2013)
  • Automotive: Japanese auto parts manufacturer Mitsubishi Electric will open a new manufacturing plant in the central state of Queretaro via investment of approximately US$40 million, the company announced.  The facility is planned to produce alternators and starter motors for the region’s automotive industry. (El Diario, march 19, 2013)
  • Food processing: Mexican preserved foods processor Carey will invest US$10 million this year in operational upgrades, the company announced.  The producer of canned chiles, beans and sauces plans to acquire new machinery and equipment to expand their line to include products such as as mushrooms, fruit in syrup and jellies. (Reforma, March 19, 2013)
  • Automotive: Japanese auto parts manufacturer Nissin Manufacturing plans to begin construction next month on a new production plant in the northeastern state of San Luis Potosi.  The US$90 million site will produce motor and transmission parts for OEMs such as Honda, Suzuki, Yamaha and kawasaki. (Reforma, March 20, 2013)
  • Beverage: Mexican beverage bottler Pascual will establish a new production plant in the western state of Jalisco at an estimated cost of US$5 million, the company announced.  Pascual produces popular fruit flavord soft drinks under brands such as Boing, Lulu and Pato Pascual. (Mexican Business Web, March 21, 2013)
  • Automotive: Japanese-owned North American Lighting Mexico plans investment of US$55 million to establish a new production plant in the state of San Luis Potosi, the state government announced.  The facility is planned to produce lights for vehicle OEMs Honda, Nissan and Mazda. (Reforma, March 20, 2013)
  • Retail: Mexican pharmacy operator Farmacias Guadalajara plans investment of approximately US$135 million this year to expand its retail presence.  Projects include construction of a regional distribution center in Monterrey and an aggressive pace of new branch openings around the country. (El Financiero, March 20, 2013)
  • Automotive: U.S.-based alloy wheel manufacturer Superior Industries is currently seeking a site for a new production plant in Mexico, the company reported.  The planned US$125 million facility is expected to produce over two million aluminum wheels per year. (Rubber News, March 4, 2013)

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