Tag Archives: cofee

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