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Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Construction: Mexican developer Vinte plans investment of approximately US$158 million in housing construction this year, the company reported. The company plans to build 600- and 700-unit middle class complexes in the cities of Pachuca and Monterrey, respectively. (El Financiero, January 25, 2018)
  • Gas stations: French oil and gas multinational Total reported plans to open up to 100 filling stations in Mexico this year under its own brand. The amount of investment was not specified for the expansion, which will be concentrated generally in the central region of the country. (El Financiero, January 18, 2018)
  • Chemicals: Dutch chemicals multinational AzkoNobel is projecting approximately US$14.6 million in investment to support Mexico operations during the current year. Projects include expanding production capacity and upgrading the company’s organic peroxides plant in the central State of Mexico. (El Financiero, January 18, 2018)
  • Manufacturing: U.S. consumer goods giant Kimberly-Clark plans investment of approximately US$100 million in Mexico operations in 2018, the company reported. Resources will primarily support expansion of production capacity, improvements to products and cost reduction strategies. (El Financiero, January 22, 2018)
  • Wind power: Italian renewable energy developer Enel Green Power initiated construction on a new wind power plant in the northeastern state of Tamaulipas. The US$120 million site is projected to have generation capacity of 93 MW. (Milenio, January 19, 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: Swiss machinery manufacturer Komax inaugurated a manufacturing plant in the central state of Guanajuato. The US$5 million facility is planned to produce electromechanic systems and equipment used to test wire harnesses for the automotive industry. (Reforma, November 30, 2017)
  • Manufacturing: U.S.-based multinationals Flex and Nike inaugurated a wearable electronics manufacturing plant in the western state of Jalisco. The US$105 million complex includes its own electricity co-generation plant. (Milenio, November 29, 2017)
  • Wind power: Italian renewable energy developer Enel Green Power plans to build four wind power plants in Mexico, the company reported. Projected investment of US$700 million includes construction of approximately 593 Mw of generation capacity in the northern states of Coahuila and Nuevo León. (El Financiero, November 24, 2017)
  • Brewing: Mexican brewer Grupo Modelo, subsidiary of Belgium-based brewing multinational Anheuser-Busch InBev, announced plans to build a new beer brewery in the central state of Hidalgo. The US$737 million site is planned to have initial annual production capacity of 12 million hectoliters. (Reforma, November 24, 2017)
  • Retail: Mexican grocery and general merchandise retailer La Comer opened a new store under its upscale City Market format in the western city of Guadalajara. The US$10.5 million sales location features a wide selection of imported gourmet products. (El Financiero, November 23, 2017) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Amusement parks: U.S.-based amusement park operator Six Flags Entertainment Corp. inaugurated its remodeled water park in the central state of Morelos at a cost of US$18 million, the company reported. Six Flags plans to add hotel facilities and restaurants at the site in the future. (El Financiero, May 31, 2017)
  • Real estate development: Mexican developer Gicsa reported it will invest approximately US$34 million to convert an existing Mexico City shopping center into a mixed-use complex. The repurposed site is planned to include offices, retail space and a hotel. (El Financiero, May 30, 2017)
  • Casual dining: Mexican restaurant chain Toks, part of the Gigante corporate group, is projecting investment of up to US$48 million across its formats. Projects include a new distribution center, remodeling of the Beer Factory and California format casual dining restaurants and a beer bottling operation. (Reforma, May 30, 2017)
  • Cement: Mexican cement producer Elementia is currently carrying out a US$250 million expansion of its production plant in the central state of Hidalgo, the company reported. The upgrade will increase Elementia’s annual cement production capacity in Mexico to 3.5 million tons. (El Financiero, May 29, 2017)
  • Beverage: British drinks multinational Diageo initiated construction of a bottling line for tequila and vodka at its processing plant in the western state of Jalisco, the company reported. The bottling expansion is part of US$400 million in investment planned through 2020. (El Financiero, May 24, 2017) Continue reading Recent and upcoming investment in Mexico