Recent and upcoming investment in Mexico

  • Logistics: Mexican logistics services provider Onest Logistics is currently constructing a new operations center in the central State of Mexico, the company reported. The US$9.5 million facility is planned specifically to meet rapidly growing demand from e-commerce platforms such as MercadoLibre and Amazon. (El Norte, November 30, 2021)
  • Manufacturing: French rail car manufacturer Alstom is carrying out investment of approximately US$25 million at its plant in the central state of Hidalgo, the company reported. The company is upgrading equipment, installations and testing track for the construction of rolling stock for the Maya Train, currently being built in southeastern Mexico. (Reforma, November 25, 2021)
  • Automotive: German electronics and engineering multinational Bosch announced plans to expand production at its manufacturing plant in the central state of Aguascalientes. The US$83 million upgrade is expected to support increased output of the company’s automotive braking system components iBooster, ABS and ESP. (Forbes México, November 24, 2021)
  • Pharmaceutical: U.S. pharmaceutical multinational Baxter inaugurated a new production line at its plant in the southern state of Morelos, the company reported. The expansion is part of a US$100 million investment through 2024 that will allow the plant to increase production of kidney treatment products for the Mexican, U.S. and Latin American markets. (Reforma, November 23, 2021)
  • Electronics: Taiwanese-owned electronics manufacturer Kemet announced plans to expand its plant in the northeastern state of Tamaulipas. The US$20 million upgrade will allow the company to increase production of capacitors used by the automotive, aerospace and medical device industries, among others. (Milenio, November 11, 2021)
  • Industrial parks: Mexican real estate developer Meor initiated construction of a US$17 million industrial facility in Apodaca, Nuevo León. The 18,000 sq. meter (193,000 sq. ft.) site is planned for use by either manufacturing or logistics operations. (Somos Industria, November 2021)
  • Ports: Mexican port infrastructure operator MexPlus Puertos initiated construction of a fuel storage and distribution terminal on the Gulf of Mexico in the northeastern state of Tamaulipas. The US$200 million project is planned to support U.S. fuel producer Valero Energy’s importation and distribution of liquid fuels to central Mexico.  (Reforma, November 17, 2021)
  • Food processing: U.S. food processor Kellogg’s announced a US$8.5 million expansion to its manufacturing plant in the central state of Querétaro. The upgrade includes new warehousing facilities for cereal production operations that will provide ingredient storage as well as reduce the movement of heavy vehicles in order to reduce emissions. (Somos Industria, November 2021)
  • Metal forming: Mexican machining and stamping services provider Mexstamp inaugurated a new production plant in the central state of Aguascalientes, the state government reported. The US$1.7 million facility will provide machined metal parts to the regional automotive industry. (Innovación Económica, November 11, 2021)
  • Plastics: Austrian packaging manufacturer ALPLA inaugurated a plastic recycling plant in the central State of Mexico. The US$23 million facility is expected to recycle 15,000 tons of post-consumer HDPE plastic packaging annually for reuse.  (Reforma, November 10, 2021)
  • Pet food: Multinational food processor and commodities trader ADM reported investment of US$30 million to expand production capacity at plants in the states of Guadalajara, Morelos and State of Mexico. The company is boosting output of pet food at the sites in response to a surge in demand during the COVID-19 pandemic. (Reforma, November 8, 2021)
  • Airports: Mexican contractor Concretos Asfálticos Tecámac is expected to initiate work shortly on runway upgrades at the Mexico City International Airport, local media reported. The US$20 million refurbishment will include renovation of electrical circuits, pavement lighting, runway termination area, safety shoulders and trenches. (Reforma, November 5, 2021)
  • Industrial parks: Mexican real estate developer Fibra Uno (FUNO) is in the process of constructing a new industrial park in the central State of Mexico. The US$130 million site will contribute new space in part for supply chain businesses transferring operations to Mexico from China, according to FUNO. (Reforma, October 29, 2021)
  • Furniture: Danish furniture manufacturer LTP Group announced it will establish a production facility in the northern state of Coahuila. The US$8 million plant is expected to provide contract manufacturing services for advanced-design furniture brands. (Inmobiliare, November 3, 2021)
  • Retail: Mexican diversified corporate group Fomento Económico Mexicano (FEMSA) reported plans to open approximately 10,000 new locations of its Oxxo convenience stores in Mexico over the next 10 years. The company also plans to expand its footprint in Colombia and Chile as the COVID-19 pandemic recedes. (Reforma, November 3, 2021)

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