Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Recycling: Arzyz, a Mexican producer of non-ferrous alloys, plans investment of US$30 million in green technologies over the next 18 months, the company reported.  Key resources will be focused on technology and infrastructure for metal recycling. (Reforma, September 23, 2013)
  • Automotive: Mexican bus manufacturer Dina invested approximately US$14 million to add production capacity at its plant in the central state of Hidalgo.  The addition will allow the site to increase production of BRT and low-floor buses. (Reforma, September 20, 2013)
  • Renewable energy: Grupo Dragon, majority owned by Mexican telecommunications magnate Ricardo Salinas, is developing a large-scale wind and solar energy generation park in the western state of Jalisco.  The US$133 million project is planned to have a capacity of 50.4 MW. (Reforma, September 17, 2013)
  • Mining: Mexican mine operator Minera Autlán plans investment of US$150 million next year in response to demand driven by the growth in automotive manufacturing in the country.  Resources will be applied to exploration and improved mineral quality, the company reported. (Reforma, September 13, 2013)
  • Metal forming: Canadian metal parts manufacturer ISE Metal began construction on a stamping facility in the northern state of Coahuila.  The US$12 million plant is planned to produce metal parts for the region’s automotive and appliance manufacturing industries. (Vanguardia, September 10, 2013)
  • Electrical: French electrical engineering multinational Schneider Electric inaugurated a new Center for Development and Innovation in the northeastern state of Nuevo León.  The US$65 million center is equipped with areas for laboratory research, virtual collaboration, creativity and innovation, exhibition and energy efficiency research, among others. (El Universal, September 10, 2013)
  • Meat: U.S. meat processor Tyson Foods will boost investment to US$40 million in Mexico operations next year, the company announced.  Projects include construction or expansion of processing and feed plants and poultry incubators. (El Financiero, September 10, 2013)
  • Aviation: Airline partners Delta (U.S.) and Aeromexico (Mexico) plan investment of US$50 million to open a maintenance center at the Queretaro airport in central Mexico.  The site will provide aviation maintenance services to aircraft of both airlines as well as to other clients. (El Financiero, September 10, 2013)
  • Solar energy: Mexican solar developer Granite Chief de México built a solar electricity generation plant in the central state of Guanajuato.  The US$3.5 million facility will help provide electricity to industrial plants in the area. (Manufactura, September 9, 2013)
  • Beverage: Mexican craft brewer Primus inaugurated a new production plant in the central state of Queretaro.  The US$700,000 plant will add initial monthly output of 45,000 liters to serve Mexico’s growing demand for artisanal beers. (Forbes Mexico, September 4, 2013)
  • Automotive: Japanese auto parts manufacturer Toyoda Gosei began construction on a new production plant in the northeastern state of Tamaulipas, the state government reported.  The US$8 million facility is expected to produce rubber hoses for the area’s automotive industry. (Mexican Business Web, September 3, 2013)
  • Mining: Canadian mining company Excellon plans investment of US$30 million in exploration at its Mexico properties.  The company operates a silver mine and a processing plant in the northern states of Durango and Zacatecas, respectively. (Reforma, September 2, 2013)
  • Transport: Mexico’s leading trucking companies plan new vehicle purchases worth approximately US$5.5 billion over the next five years, according to the National Trucking Chamber of Commerce (Canacar).  Upgrades of some 70,000 vehicles are intended to reduce the overall fleet average age by 10 years. (Reforma, August 30, 2013)
  • Energy: Canadian-Chinese power generation firm InterGen initiated construction of a natural gas compression plant in the northeastern state of Tamaulipas.  The US$80 million facility will help meet demand for natural gas in the Altamira port region along the Gulf of Mexico. (El Economista, August 29, 2013)
  • Energy: Spanish renewable energy developer Gipsa plans investment of US$15 million to construct an electricity generation plant in the northern state of Nuevo León.  The facility is planned to make use of four biodigesters fed by organic waste from the municipality of Linares. (Reforma, August 29, 2013)
  • Construction: German construction and engineering firm M+W Group, specialized in advanced technology sectors, inaugurated a new engineering center in Mexico City.  The new center is intended as a base to provide services throughout Latin America to industries including life sciences, solar energy, electronics, chemicals and others. (Reforma, August 27, 2013)
  • Telecommunications: U.K.-based telecommunications firm British Telecom invested approximately US$1.5 million in a new Cloud Center in Mexico slated for opening in October, the company reported.  The center will offer services including telecommunications infrastructure, data storage and security. (Reforma, August 27, 2013)
  • Ports: U.S.-based engineering and construction firm McDermott International plans investment of approximately US$80 million in Mexico through next year, the company reported.  Projects include the transfer of design, fabrication and marine facilities to the Mexican Gulf port of Altamira. (Reforma, August 26, 2013).
  • Energy: Mexican wind power developer Next Energy de Mexico plans investment totaling US$460 million through 2014 to install 230 MW of generation capacity.  Projects include a wind plant in Nuevo León and a hybrid wind-solar facility in the northern state of Durango.  (Reforma, August 23, 2013)

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