Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Construction: Mexican corporate identify design and construction firm Grupo Escato established a new US$80 million operations center in the central State of Mexico, the company reported. The site will be equipped with latest-generation machinery for producing customized brand identity environments for banks and other corporate buildings from materials such as wood, metal and plastic. (Reforma, November 29, 2018)
  • Water treatment: German auto maker Audi inaugurated a reverse osmosis water purification plant at its production facility in the southeastern city of Puebla, the company reported. Investment was not specified for the project, which reportedly will allow the manufacturing site to recycle 100% of the water used for production operations. (Expansión, November 15, 2018)
  • Solar power: Mexican cement conglomerate Cemex has begun construction of a large scale solar energy generation park in the northern state of Zacatecas, the company reported. The US$320 million site is projected to have capacity of 378 MW and supply power for Cemex operations and sale to other companies. (Reforma, November 16, 2018)
  • Food processing: Mexican food ingredient manufacturer Deiman reported it is constructing a new production plant at an unspecified cost in the southeastern state of Puebla. The company produces flavorings, colorings and other additives for processed foods to serve clients in the domestic market as well as for export to the United States, Europe and South America. (Reforma, November 20, 2018)
  • Retail: China-based lifestyle and personal care products retailer Mumuso plans to grow from 21 to 100 stores in Mexico by the end of 2019, the company reported. Investment was not specified for the expansion, which includes sourcing more products from local suppliers than the chain customarily does in Asia. (El Financiero, November 16, 2018)
  • Hotels: Mexican hotel operator Grupo Posadas reported plans to expand its Mexico operations by 30% over the next two years. The company projects investment of approximately US$1.5 billion to add 48 hotels to its portfolio. (El Financiero, November 12, 2018)
  • Renewable energy: German electronics and energy conglomerate Siemens is projecting investment of approximately US$200 million in renewable energy infrastructure projects in Mexico, the company reported. Projects are expected to include solar and wind generation plants. (El Universal, November 21, 2018)
  • Printing: The Mexican government inaugurated a new printing plant to produce the country’s paper currency in the western state of Jalisco. The US$57 million facility is expected to produce approximately one third of all new bank notes for the nation. (El Universal, November 7, 2018)
  • Automotive: Japanese chemicals and surface treatment companies Yuken Surface Technology and Takamatsu Plating Mexicana inaugurated new plants in the central state of Guanajuato via total investment of US$22 million, the state government reported. Yuken makes chemical products used in plating on plastic processes, and Takamatsu uses Yuken products in its own galvanization operations. (El Financiero, November 8, 2018)
  • Solar power: Italian renewable energy developer Enel Green Power initiated construction of a solar energy generation park in the central state of Tlaxcala, the company reported. The US$165 million site is projected to have generation capacity of 220 MW. (El Financiero, November 7, 2018)
  • Solar power: Spanish renewable energy infrastructure developer Cox Energy reported plans to invest approximately US$1.5 billion in new generation plants in Mexico over the next four years. Projects are projected to include seven solar parks in the states of Campeche, Sonora, State of Mexico, Veracruz and Zacatecas. (El Financiero, November 6, 2018)
  • Automotive: German auto parts manufacturer Continental announced it will establish a new production plant in the central state of Aguascalientes. The US$80 million facility is expected to produce electronic vehicle components such as smart antennas, lighting control panels and door control units. (Expansión, November 1, 2018)

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