Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Couriers: Envía, the courier division of Mexican passenger bus service operator Estrella Blanca, is planning an investment strategy of approximately US$5 million annually over the next five years to overtake rival Estafeta in the domestic package delivery market. Resources will support acquisition of new fleet vehicles and an aggressive marketing campaign, among other expansion initiatives. (El Financiero, August 31, 2015)
  • Entertainment: U.S. family restaurant chain Chuck E. Cheese reported plans to invest approximately US$28 million through 2018 to expand its presence in the Mexican market. The company recently inaugurated its second casual dining and family entertainment center in the country. (El Financiero, August 31, 2015)
  • Pharmaceuticals: Swiss pharmaceuticals maker Novartis plans to boost investment in clinical research in Mexico to approximately US$50 million over the next five years, the company reported. Investment will be extended to Centers of Excellence responsible for promoting best practices among health institutions in the country. (El Financiero, August 25, 2015)
  • Retail: Dutch clothing retailer C&A plans to open six to eight new stores in Mexico in 2016 at a cost of approximately US$8.5 million, the company reported. C&A currently operates 75 sales locations in the country. (El Financiero, August 17, 2015)
  • Meat: Mexican meat processor SuKarne has invested approximately US$38 million in its integrated sanitary processing system since 2014, the company reported. Upgrades to health safety systems include infrastructure, monitoring systems and microbiological analysis capabilities. (El Financiero, August 19, 2015)
  • Airports: Mexican airport operator Grupo Aeroportuario de Chiapas reported plans to invest approximately US$67 million to expand passenger handling capacity at the group’s airport in the Chiapas state capital of Tuxtla Gutierrez. Plans include remodeling the existing terminal as well as constructing an additional terminal. (El Financiero, August 18, 2015)
  • Automotive: Mexican corporate group Grupo Industrial Saltillo, in conjunction with U.S. auto parts manufacturer ZF TRW, inaugurated a new machining plant in the central state of Guanajuato. The US$120 million site is planned to produce security components such as calipers, brackets and adaptors for braking systems. (Periódico Correo, August 19, 2015)
  • Manufacturing: Kostal Mexicana, subsidiary of German mechatronic components maker Kostal, will invest US$40 million to establish a new plant in the central industrial state of Querétaro, the Querétaro state government reported. The site will produce mechatronic modules, electronic control units and other components for industrial applications. (El Universal, August 12, 2015)
  • Chocolate: U.S. chocolate maker Hershey inaugurated a new Innovation Center in the western state of Jalisco.   The new R&D site, for which the amount of investment was not specified, will carry out research and testing for the development of new products. (El Economista, August 10, 2015)
  • Automotive: U.S. auto parts maker Henniges Automotive has begun construction of a new manufacturing plant in the northern state of Durango. The planned 323,000 square foot facility will produce dynamic seals for windshield and windows and anti-vibration systems, among other products. (Magazzine del Transporte, August 14, 2015)
  • Electricity: Portuguese infrastructure conglomerate Mota-Engil will invest approximately US$720 million to rehabilitate and put into operation 14 hydroelectric plants in Mexico, the Mexican government announced. The plants have been out of service since the former public utility Luz y Fuerza del Centro was dismantled by the federal government in 2009. (Reforma, August 21, 2015)
  • Glass: Mexican industrial and commercial glass maker Vitro plans US$85 million in investment to expand production capacity in Mexico, the company reported. Projects include the installation of a new float glass furnace to support production of flat glass. (Reforma, August 18, 2015)
  • Energy: U.S. energy company AES Corp. and Mexican conglomerate Grupo Bal announced a five-year joint investment plan to build electricity generation infrastructure. The US$2.5 billion initiative reportedly will include both conventional and renewable electricity generation plants. (Reuters, August 10, 2015)
  • Aluminum: Almexa, the industrial division of Mexico’s Grupo Vasconia corporate group, is building an aluminum processing plant in the eastern state of Veracruz. The US$50 million facility is planned to produce aluminum alloy for aerospace and automotive components in alliance with Italian aluminum producer L.A.G. (Reforma, August 14, 2015)
  • Energy: Italian-Argentinian steel and energy conglomerate Techint is currently constructing a combined cycle electricity plant in the northeastern state of Nuevo León at an estimated cost of approximately US$1 billion. The 900 Mw facility will provide power for the organization’s Ternium and TenarisTamsa steel plants in the area. (Energía Hoy, August 6, 2015)
  • Wind power: Investors Mitsubishi Corp. and Fondo de Infraestructura Macquarie México will finance a major new wind energy generation plant to be built by Mexico-based Energía Eólica del Sur. The 396 Mw capacity site will be built in the southern state of Oaxaca at an estimated cost of approximately US$900 million. (Reforma, August 5, 2015)

 

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