Category Archives: Energy

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) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Automotive: U.S. automotive components supplier Android Industries inaugurated a new operations plant in the central state of Guanajuato. The US$21 million site is expected to put together kits of products such as spare tires, radiators, consoles and other parts for General Motors auto manufacturing plants.  (El Financiero, September 28, 2018)
  • Solar power: French energy conglomerate Engie announced it will construct a solar power generation plant in the northwestern state of Sonora. The US$111 million facility is projected to have generation capacity of 130.8 MW.  (Reforma, September 27, 2018)
  • OTC pharma: British-owned OTC medicines maker Sal de Uvas Picot plans approximately US$4.8 million in investment in Mexico manufacturing operations, the company reported. Resources will support a 20% expansion of production capacity for antacid products and cold medicines under the brands Sal de Uvas Picot and Mucinex.  (El Financiero, September 26, 2018)
  • Airlines: Mexican passenger air carrier Interjet will expand an existing aircraft order to Airbus for 20 more airplanes at a cost of approximately US$79 million, the company reported. The new A329 NEO aircraft will be phased into service over the coming five years. (El Financiero, September 17, 2018)
  • Liquor: S-Japanese drinks giant Beam Suntory has invested approximately US$60 million from 2017 through the present to modernize and expand its tequila plant in the western state of Jalisco, the company reported. Beam Suntory is launching a campaign to gain market share in the country for its traditional tequila brands Sauza and Hornitos. (El Financiero, September 12, 2018) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Wind power: Spanish energy infrastructure developer Iberdrola plans to triple the capacity of a wind power generation park it operates in the southern state of Puebla, the company reported. The US$290 million expansion is planned to include 51 new 2.6 Mw turbines and supply electricity for Grupo Modelo beer brewing operations. (El Financiero, August 31, 2018)
  • Retail: Mexican commercial real estate developer Gicsa plans to inaugurate three new retail and entertainment complexes this year under the concept “malltertainment.” The sites will include shopping, restaurants and entertainment offerings and are intended to serve as tourist attractions in the cities of Mérida, Puebla and Querétaro. (El Financiero, August 29, 2018)
  • Logistics: German logistics multinational DHL reported it will conclude a US$80 million investment program in Mexico this year, a record high for the company in this market. Projects include adding 605 new vehicles to DHL’s Mexico delivery fleet, as well as 100 additional sales locations and two new service centers. (Reforma, August 30, 2018)
  • Commercial real estate: Private real estate developers are preparing to launch construction of three new shopping malls this year in Mexico via total investment of over US$850 million.  The cities of Guadalajara, Mérida and Metepec will host the new retail developments, which in some cases will include office space and residential complexes. (Reforma, August 27, 2018)
  • Leisure: Mexican multinational children’s entertainment center operator KidZania reported it will invest approximately US$24 million to build new locations and upgrade existing ones. Key upgrades include equipping KidZania centers with “internet of things” technologies. (El Financiero, August 22, 2018) Continue reading Recent and upcoming investment in Mexico