Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Candy: U.S.-based food processing giant Mondelez reported investment of US$133 million in its confectionery plant in the southeastern state of Puebla over the past three years. Resources helped expand production by 40% of chewing gum for brands such as Trident, Clorets and Bubbaloo. (El Financiero, August 31, 2017)
  • Petroleum: Australian mining and oil multinational BHP Billiton plans investment of approximately US$700 million in Mexico oil exploration, principally in the Gulf of Mexico, the company reported. BHP Billiton won rights to explore Gulf oilfields in a Mexican government tender last year. (El Financiero, August 31, 2017)
  • Industrial parks: A consortium of Chinese and Mexican investors including Holley Group, Futon Group and the Santos family began construction of an industrial park in the northeastern state of Nuevo León, local media reported. Investment of US$50 – 60 million is estimated for an initial phase of the facility, which investors project will attract up to 100 Chinese companies over the first 10 years of operation. (Expansión, August 25, 2017)
  • Food processing: Mexican industrial baking giant Grupo Bimbo plans to construct a major new distribution center in Mexico City, the company reported. The US$128 million site is planned to be LEED Gold certified and make use of wind-generated electricity. (Aristegui Noticias, August 29, 2017)
  • Gym equipment: Taiwanese-owned fitness equipment brand Matrix Fitness will invest US$3.5 million in a push to expand its participation in the Mexican market, the company reported. Matrix seeks to expand its market share from 5% to 30% by partnering with sports center chains such as Sport City and Smart Fit. (El Financiero, August 25, 2017)
  • Retail: Mexican upscale department store operator Liverpool is projecting investment of up to US$510 million in 2018, the company reported. Plans include four new Liverpool stores and six new locations under the Fábricas de Francia brand, as well as upgrades for the Suburbia clothing chain acquired last year from Walmart de México. (El Financiero, August 23, 2017)
  • Hotels: Panama-based hotel operator Selina plans investment of approximately US$45 million to open new locations in Mexico through 2019, the company reported. Selina projects opening 35 new hotels and hostels targeting the millennial market by the end of next year. (El Financiero, August 23, 2017)
  • Natural gas: Spanish natural gas utility Gas Natural Fenosa plans investment of approximately US$45 million over the next five years to construct gas transport infrastructure in the southeastern state of Campeche. Plans include installation of 310 miles of natural gas distribution pipeline. (El Financiero, August 22, 2017)
  • Wind power: Leading Mexican grocery and general merchandise retailer Soriana inaugurated a wind power generation facility in the northeastern state of Tamaulipas. The US$105 million wind park will provide electricity to 165 Soriana stores in the region (El Financiero, August 22, 2017)
  • Brewing: Mexican craft brewer Cervecería de Colima will invest approximately US$1.8 million to triple production capacity, the company reported.  Cervecería de Colima plans to expand its presence into new regions of Mexico as well as into the U.S. market next year. (El Financiero, August 21, 2017)
  • Fuel transport: Switzerland-based commodity trading multinational Glencore plans US$1 billion in investment in Mexico over the next five years, the company reported. Plans include the construction of fuel storage terminals in the southeastern states of Tabasco and Veracruz. (El Financiero, August 18, 2017)
  • Automotive: Chinese auto components manufacturer ESON Multiwin will invest approximately US$15 million in advanced technologies for its plastic injection and metal stamping plant in the northern border state of Baja California. Resources reportedly will support expanded capacity to supply parts to U.S. auto maker Tesla. (Siglo 21 Periódico Industrial, August 16, 2017)
  • Commercial real estate: Mexican developer Metrópolis plans investment of approximately US$290 million in new projects in the country. Projects include a mixed-use complex including housing, offices and retail space in Mexico City and others in the cities of Guadalajara and Puebla. (El Financiero, August 10, 2017)
  • Manufacturing: Comaudi Industrial, a Mexican manufacturer of acoustic panels, plans to establish a production plant in the northwest state of Baja California, the company reported. The US$3.3 million site is expected to produce specialized noise reduction panels for use in automotive factories and other industrial plants. (Reforma, August 8, 2017)
  • Renewable energy: Mexican renewable energy developer Zuma Energía reported plans to invest approximately US$1.1 billion in new generation sites over the next two years.  Projects include a wind farm in the northeastern state of Tamaulipas and two solar generation parks in the northwestern states of Chihuahua and Sonora. (El Financiero, August 9, 2017)
  • Transport: Brazil-based taxi-hailing mobile application Easy Taxi projects it will invest approximately US$14 million in Mexico operations over the next year. Resources will support safety strategies, new customer acquisition and brand positioning, among other needs.  (El Financiero, August 2, 2017)

 

 

 

 

 

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