Category Archives: Energy

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Recycling: Mexican beverage bottler and retail group Fomento Económico Mexicano (FEMSA) inaugurated a US$1 million recycling plant in the central state of Querétaro, local media reported. The facility will be used to break down obsolete refrigeration equipment to re-use components as well as dispose of materials in an environmentally responsible manner. (El Mexicano, November 28, 2019)
  • Ports: British-owned port developer Caxxor reported plans to invest approximately US$230 million in expansions at the Port of Veracruz on the Gulf of Mexico. The initiative is part of a larger US$944 million program that includes dock and warehousing upgrades to Puerto Chiapas and a gas storage terminal at the port of Soto la Marina, according to local media. (Transporte.mx, November 19, 2019)
  • Manufacturing: U.S. generator manufacturer Generac Power Systems will establish a new production facility in the central state of Hidalgo, the company reported. The US$31 million plant is planned to produce diesel and gasoline powered mobile electricity generators. (El Financiero, November 25, 2019)
  • Renewable energy: Mexican energy infrastructure developer Natco energy announced it will build three wind farms and one solar generation park over the next two years. Investment of approximately US$634 million will support construction of 508 MW of new generation capacity at sites in the states of Nuevo León and Guanajuato. (Reforma, November 20, 2019)
  • Medical devices: German medical device manufacturer B Braun established a new distribution center in the central State of Mexico, the company reported. The US$5.6 million site is planned to improve shipping of osteosynthesis instruments produced at the company’s plant in the city of Toluca. (Reforma, November 21, 2019) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Biogas: Mexican waste management firm Promotora Ambiental (PASA) inaugurated a biogas-powered electricity generation plant in the central state of Guanajuato, the state government reported. The site will draw on biomass from the municipal waste disposal site of the state capital of León. (El Heraldo de Léon, October 25, 2019)
  • Coffee: Swiss processed foods giant Nestlé announced it will expand its new coffee processing plant currently under construction in the eastern Gulf state of Veracruz, via additional investment of approximately US$46 million. The company plans to acquire more equipment than originally projected for the processing of up to 20,000 tons of green coffee beans per year. (Reforma, October 23, 2019)
  • Tourism: Mexican adventure park operator Grupo Xcaret reported plans to invest approximately US$400 million through 2027 in the country’s southeastern coastal tourism region. Projects include sustainably constructed hotels and a new ecologically themed amusement park. (El Financiero, October 21, 2019)
  • Food processing: Processed foods producer Qualtia Lacteos, subsidiary of Mexican diversified industrial conglomerate Grupo Xignux, will establish a new cheese factory in the central state of Querétaro at an approximate cost of US$15 million, the company reported. The 30,000 square foot plant is projected to enter into operation in 2020. (Reforma, October 17, 2019)
  • Cement: Swiss building materials multinational Holcim announced it will construct a new production plant in the southeastern state of Yucatan. The US$40 million site is planned to produce 650,000 tons of cement annually. (El Financiero, October 18, 2019) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Manufacturing: Chinese-owned tool maker Milwaukee Tool announced it will establish a new production plant in the northern state of Coahuila via investment of US$86 million. The company manufactures power tools such as drills, saws, grinders and related products. (El Financiero, August 29, 2019)
  • Energy: Spanish energy multinational Iberdrola will construct two new electricity generation facilities at a combined cost of US$750 million, the company reported. The combined cycle plant in the Gulf coast state of Veracruz and the wind park in the eastern state of Puebla are projected to provide capacity of 1,700 MW. (Reforma, August 22, 2019)
  • Fertilizer: Swiss petrochemical products multinational Proman will move forward to construct an ammonia fertilizer production plant in the northwest state of Sinaloa, the company reported. The US$1.25 billion complex is projected to produce 800,000 tons of agricultural fertilizer annually beginning in 2022, for both the domestic and export markets. (El Financiero, August 14, 2019)
  • Personal care: Brazilian cosmetics multinational Natura constructed a new distribution center in the central State of Mexico at a cost of US$10 million, the company reported. The site is planned to have capacity to process 1,300 orders per hour. (El Financiero, August 15, 2019)
  • Logistics: German logistics multinational DHL announced it will invest US$300 million in Mexico though 2024 to handle booming e-commerce shipping demand. Resources will support operational areas such as retail services, security, technology systems, equipment and general package handling capacity. (El Financiero, August 14, 2019) Continue reading Recent and upcoming investment in Mexico