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Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Brewing: Mexican brewer Cuauhtémoc Moctezuma, subsidiary of Dutch beer giant Heineken International, inaugurated a new can production line and distribution center at its plant in the western state of Jalisco. The US$38 million expansion will allow the operation to produce six different sizes of cans and 43 different packaging presentations, the company reported. (El Financiero, August 31, 2016)
  • Energy: Mexico geothermal energy developer Grupo Enal plans investment of approximately US$300 million to develop geothermal energy generation sites in the states of Baja California and Guanajuato, the company reported. Enal plans exploration activities in support of the developments over the next two years. (Reforma, August 31, 2016)
  • Automotive: U.S.-based diversified manufacturing multinational 3M inaugurated a new research and development center in Mexico City, the company reported. The US$1 million facility is intended to develop custom solutions for the company’s 200 clients in the Mexican automotive supply chain as well as OEMs. (El financiero, August 19, 2016)
  • Education: Spain-based English language school Kids & Us plans aggressive expansion in Mexico, the company reported. The chain currently operates six learning centers in Mexico and plans to boost that number to 250 over the next 10 years. (El Financiero, August 16, 2016)
  • Food processing: Mexican food products manufacturer La Moderna is nearing completion of a new production facility in the northern state of Coahuila, the company reported. The US$4 million plant will become the company’s fifth in Mexico and is projected to produce wheat-based pastas. (El Financiero, August 15, 2016)
  • Airlines: Mexican air carrier Aeromexico reported plans to invest up to US$50 million over the next five years to improve its digital platform. Upgrade targets include the company’s web site, ticket sales, airport kiosks and apps for Apple watch, among others. (El Financiero, August 17, 2016) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Retail: Mexican toy retailer Juguetron plans to open 10 to 15 new stores in 2016, the company reported. Projected investment for the expansion was not specified by the company, which currently operates 77 retail locations in Mexico. (El Financiero, December 18, 2015)
  • Aerospace: French aerospace manufacturer Messier-Bugatti-Dowty (MBD), a subsidiary of Safran, is in the process of executing investment of approximately US$14 million through 2018, the company reported. MBD is currently expanding capacity to manufacture aircraft landing gear at its plant in the central state of Querétaro. (El Financiero, December 15, 2015)
  • Transport: Mexican inter-city passenger bus operator Grupo ADO will invest approximately US$6 million to build a new eco-friendly passenger terminal in the southeastern city of Chetumal. The LEED-certified site is planned to include high efficiency technologies in areas such as energy consumption, potable water and CO2 emissions reduction, among others. (El Financiero, December 11, 2015)
  • Pet food: Swiss processed foods giant Nestlé inaugurated a new pet food plant in the central state of Guanajuato, the company reported. The US$220 million facility will produce Purina product to help Nestlé keep up with 10% annual growth in demand. (El Financiero, December 10, 2015)
  • Natural gas: Spanish natural gas utility Gas Natural Fenosa is projecting investment of approximately US$135 million to expand Mexico operations in 2016, the company reported. Fenosa plans to extend its natural gas transmission and distribution pipeline network to add new industrial and residential customers. (El Financiero, December 10, 2015) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Pharmaceuticals: Following investment of approximately US$117 million, Mexican pharmaceutical manufacturer Landsteiner Scientific will begin production in October at its new plant in the central city of Toluca. The new site includes state-of-the-art technology for the production of generic and biotechnological medications. (Reforma, September 30, 2015)
  • Information technology: U.S. computer technology company Oracle initiated construction on a new Oracle Mexico Development Center in the western state of Jalisco. The US$86 million research and development site will house activities such as technology development and research on data integration, mobile technologies and the internet of things, according to the Jalisco state government. (El Financiero, September 28, 2015)
  • Retail: U.S. DIY home improvement retailer The Home Depot plans investment of approximately US$88 million to expand its presence in Mexico in 2016. Plans include opening five new stores in the country next year. (El Financiero, September 22, 2015)
  • Casual dining: Mexico’s leading operator of casual dining franchises, Alsea, is projecting investment of approximately US$120 million in 2016 to open some 140 new retail locations. Alsea operates restaurant brands including Burger King, Starbucks, Domino’s Pizza, P.F. Chang’s, and others in Mexico. (El Financiero, September 17, 2015)
  • Pet supplies: U.S. pet products specialty retailer Petco plans to open approximately 50 new sales locations in Mexico by 2019, the company reported. Petco currently operates 18 stores in the country in association with Mexican corporate group Grupo Gigante. (Reforma, September 21, 2015) Continue reading Recent and upcoming investment in Mexico