Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Food processing: Mexican beverage bottler Arca Continental reported plans to invest approximately US$210 million in Mexico operations during the current year. Areas earmarked for upgrades include new chilling equipment, production lines, transport equipment and information technologies. (El Financiero, April 28, 2017)
  • Solar power: The government of the western state of Jalisco initiated construction of a solar energy generation facility in conjunction with Mexican electrical engineering company Fortius Electromecánica, the state government reported. The projected    8 Mw capacity site will require an estimated US$22 million including a planned future expansion. (Manufactura, April 26, 2017)
  • Paper: Chilean-owned personal care tissue maker Absormex reported plans to invest US$25 million to expand Mexico manufacturing operations this year. Absormex products include bathroom tissue, diapers and sanitary napkins.  (Reforma, April 25, 2017)
  • Gas stations: Mexican fuel retailer Natgas is projecting it will open 32 new vehicular natural gas fueling stations by 2021. The cost of the expansion was not specified for the plans, which are intended to provide service to high volume users such as taxis, municipal transport systems and vehicle fleets in the country’s central Bajío region. (El Financiero, April 20. 2017)
  • Fuel transport: Mexican construction company Grupo Mexicano de Desarrollo (GMD) plans investment of US$50 million to expand its fuel transport and storage operations, the company reported. Projects are expected to include the construction of pipelines and storage tanks to support liquid fuel handling at port locations. (April 20, 2017)
  • Waste management: Proactiva Medio Ambiente, subsidiary of French waste and water management transnational Veolia, was awarded a tender contract to design, construct and operate and thermal waste recovery plant in Mexico City, the city government announced. The US$600 million plant is planned to utilize inorganic municipal waste as fuel to produce electricity. (Reforma, April 19, 2017)
  • Seafood processing: Mexican seafood producer Grupo Marítimo Industrial (Grupomar) reported plans to invest approximately US$54 million to establish a sardine packing plant in the northwestern coastal city of Ensenada. The facility is projected to have annual production capacity of 20 million tons of classic canned sardines and fillet products. (Milenio, April 17, 2017)
  • Automotive: Chinese auto parts manufacturer Minth Group will expand its Mexico operations with a new plant in the central state of Aguascalientes, the state government reported. The US$350 million installation is planned to provide paint spraying and chrome plating services for regional automotive OEMs during its initial operation stage. (Reforma, April 17, 2017)
  • Hotels: U.S. hotel chain Marriott International reported plans to open 30 new hotels in Mexico. The new locations, designed to target domestic travelers, will join the company’s existing portfolio of 70 hotels in the country. (Reforma, April 12, 2017)
  • Beverage: Mexican beverage producer Grupo Peñafiel, a subsidiary of U.S.-based Dr Pepper Snapple Group, inaugurated the first phase of a new production plant in the central State of Mexico. The facility required approximately US$53 in investment for construction and state-of-the-art soft drink production equipment in operations such as filling, washing, labeling and closing. (El Financiero, April 11, 2017)
  • Energy: Mexican mining company Minera Autlán plans investment of up to US$200 million to establish two electricity generation plants beginning in 2018, the company reported. Projects are projected to include one hydroelectric plant and one wind power plant. (El Financiero, April 7, 2017)
  • Ports: Danish transport and energy conglomerate A.P. Møller-Maersk inaugurated the first phase of a major new container handling terminal at the Mexican Pacific coast port of Lázaro Cárdenas. Investment of US$900 million is expected in the full project, which is planned to be environmentally friendly and incorporate latest-generation technologies. (Dinero en Imagen, April 4, 2017)
  • Energy: French energy conglomerate Engie is reporting plans to invest approximately US$2.3 billion in Mexico projects over the next four years. Areas targeted include electricity and natural gas vehicle charging stations, gas storage facilities and intelligent buildings. (El Financiero, April 11, 2017)
  • Tourism: Mexican liquor producer Tequila Cuervo plans investment of approximately US$14 million to construct an ecological park and cultural promotion center in the western state of Jalisco. The site is projected to include children’s activities, an ecological museum, recreation area and an agave botanical garden. (El Financiero, March 30, 2017)
  • Wind power: Spanish energy developer Iberdrola reported plans to expand its wind energy generation plant in the southeastern state of Puebla at a cost of US$300 million. The expansion will allow the site to provide electricity to beer brewer Grupo Modelo for a 15-year period beginning in 2019. (El Financiero, March 29, 2017)

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