Tag Archives: Airports

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Airports: Mexico’s Ministry of Communications and Transport (SCT) launched a US$22 million expansion of the current Mexico City airport, the ministry reported. Construction, which will include seven new arrival and departure gates as well as access roads, will be led by contractors Epccor (Mexico) and Sacyr (Spain). (Reforma, September 25, 2019)
  • Manufacturing: Japanese-Mexican manufacturing joint venture Yamada-Vistamex completed an expansion of its production plant in the central state of Guanajuato, the company reported. The US$3 million upgrade will allow the operation to boost production of personal care products and home plastics for clients such as P&G, Tupperware, Crane and Force of Nature. (Somos Industria, September 2019)
  • HVAC: Swedish diversified corporate group Dometic inaugurated a new manufacturing plant in the northeastern state of Nuevo León, local media reported. The facility, for which the amount of investment was not specified, will produce various types of air conditioning systems. (Somos Industria, September 2019)
  • Ports: Port operator Contecon, subsidiary of Philippines-based International Container Terminal Services, announced it will invest approximately US$250 million to expand its concession at the Pacific coast port of Manzanillo. Contecon currently handles 35% of the freight moved through the port, principally for manufacturing industries such as automotive and appliances. (El Financiero, September 19, 2019)
  • Leisure: Mexican theme park operator Ventura Entertainment announced plans to establish two new golf-themed venues in Monterrey and Mexico City via investment of approximately US$41 million. The sites will operate under the TopGolf brand through a franchise agreement with U.S.-based TopGolf. (Reforma, September 16, 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

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Energy: Spanish energy infrastructure developer Iberdrola announced it has been awarded a contract to construct and operate a combined cycle electricity generation plant in the northwestern state of Sinaloa. The US$400 million plant is projected to have generation capacity of 766 MW. (El Financiero, March 22, 2017)
  • Food processing: Swiss processed foods giant Nestlé plans to invest approximately US$28 million to achieve water savings at its coffee processing plant in the central city of Toluca. Process modifications will include reduction of steam use, improved condensation recovery and the re-use of pre-treated water in industrial services, the company reported. (El Financiero, March 22, 2017)
  • Entertainment: Mexican corporate group Diniz reported it will add six new family entertainment centers under its Recórcholis brand in Mexico this year at a cost of approximately US$12 million. The centers include children’s activities such as games, rides, bowling, ice skating, go karts, miniature golf and others. (Reforma, March 22, 2017)
  • Logistics: U.S. transport and storage company Bulkmatic, through its Mexico subsidiary Bulkmatic de México, plans to construct a fuel storage terminal in the central state of Hidalgo, the company reported. The US$50 million project will include 10 tanks for gasoline, diesel and biodiesel. (Reforma, March 22, 2017)
  • Retail: Mexican upscale department store operator Liverpool announced it will open 11 new stores in the country during the current year. A planned US$300 million in investment will support new retail locations principally under the company’s Fábricas de Francia brand, in addition to maintenance operations for existing stores. (El Financiero, March 16, 2017) Continue reading Recent and upcoming investment in Mexico