Tag Archives: Food processing

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Food processing: Guatemalan food processor Alimentos Idealsa plans to establish four processing plants in the southern state of Chiapas, the Chiapas state government reported. The company’s Mexican subsidiary Naisa Aceitera de la Selva is expected to produce edible oils at the US$105 million complex. (Cuarto Poder de Chiapas, December 23, 2019)
  • Leisure: Mexican cinema operator Cinemex plans to open seven new locations of its Alboa entertainment centers via investment of approximately US$26 million, the company reported. Alboa combines bowling lanes, live music venues and food and cocktails. (El Financiero, December 18, 2019)
  • Airports: Mexican airport operator Grupo Aeroportuario del Pacífico (GAP) reported plans to invest approximately US$1.2 billion over the next five years to expand and upgrade airport infrastructure. Projects include a new terminal for the Gudalajara airport, a new terminal building in Puerto Vallarta, a passenger processing facility in Tijuana and upgrades to two passenger terminals and possibly a new runway in Los Cabos.  (Reforma, December 13, 2019)
  • Pharmaceutical: French pharmaceutical multinational Sanofi reported investment plans totaling approximately US$77 million through 2023. Resources will support clinical studies and the expansion of a vaccination production plant in the Mexico City area. (El Financiero, December 11, 2019)
  • Natural gas: Mexican natural gas infrastructure operator Fermaca inaugurated a gas pipeline linking southern Texas to the central state of Aguascalientes, local media reported. The US$740 million mega-project has capacity to transport 1.3 billion cubic feet of gas per day. (Natural Gas Intelligence, December 11, 2019) Continue reading Recent and upcoming investment in Mexico

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

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Renewable energy: Mexico’s Federal Electricity Commission (CFE) announced a joint investment with the Inter-American Development Bank (IDB) to install renewable energy technologies in Mexico City’s Central de Abasto food distribution center. Projects include the installation of PV solar panels, a biogas-driven electricity generation plant to recycle organic waste and a biodiesel processing facility to convert used cooking oil into automotive diesel. (La Jornada, May 27, 2019)
  • Wind power: Italian renewable energy developer Enel Green Power inaugurated a wind energy park in the northeastern state of Tamaulipas, the company reported. The US$150 million, 103 Mw site is planned to supply clean power to the national Federal Electricity Commission (CFE) for 15 years. (El Financiero, May 21, 2019)
  • Industrial parks: Mexican industrial real estate developer Vesta inaugurated a new industrial park for the automotive industry in the northeastern state of San Luís Potosí. The company plans to add an additional 11 industrial buildings to the site over the next five years at an estimated cost of US$90 million. (Reforma, May 16, 2019)
  • Airlines: Mexican passenger air carrier Aeromexico announced an investment program of US$3 billion over the next six years. The airline plans to acquire 90 new aircraft as well as equipment  and motors, among other upgrades. (Reforma, May 15, 2019)
  • Food processing: U.S.-based food and beverage multinational Pepsico announced US$4 billion in investment plans for Mexico operations through 2020. Projects include a new savory snacks plant in the central state of Guanajuato as well as upgrades in areas such as infrastructure, sustainability programs and community development. (Reforma, May 7, 2019) Continue reading Recent and upcoming investment in Mexico