Tag Archives: Food processing

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

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Construction: Mexican corporate identify design and construction firm Grupo Escato established a new US$80 million operations center in the central State of Mexico, the company reported. The site will be equipped with latest-generation machinery for producing customized brand identity environments for banks and other corporate buildings from materials such as wood, metal and plastic. (Reforma, November 29, 2018)
  • Water treatment: German auto maker Audi inaugurated a reverse osmosis water purification plant at its production facility in the southeastern city of Puebla, the company reported. Investment was not specified for the project, which reportedly will allow the manufacturing site to recycle 100% of the water used for production operations. (Expansión, November 15, 2018)
  • Solar power: Mexican cement conglomerate Cemex has begun construction of a large scale solar energy generation park in the northern state of Zacatecas, the company reported. The US$320 million site is projected to have capacity of 378 MW and supply power for Cemex operations and sale to other companies. (Reforma, November 16, 2018)
  • Food processing: Mexican food ingredient manufacturer Deiman reported it is constructing a new production plant at an unspecified cost in the southeastern state of Puebla. The company produces flavorings, colorings and other additives for processed foods to serve clients in the domestic market as well as for export to the United States, Europe and South America. (Reforma, November 20, 2018)
  • Retail: China-based lifestyle and personal care products retailer Mumuso plans to grow from 21 to 100 stores in Mexico by the end of 2019, the company reported. Investment was not specified for the expansion, which includes sourcing more products from local suppliers than the chain customarily does in Asia. (El Financiero, November 16, 2018) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Retail: Mexican grocery and general merchandise retailer La Comer reported it is on track to invest approximately US$155 million this year in store remodels, new stores and retail technology upgrades. The chain announced plans to open 8 – 10 new stores per year for the foreseeable future. (El Financiero, October 31, 2018)
  • Logistics: Mexican department store operator and commercial real estate developer Liverpool plans to invest up to approximately US$155 million in its Arco Norte Logistics Center in the central State of Mexico through 2022, the company reported. The distribution center is expected to begin handling appliances and furniture in 2021 with clothing, linens and accessories to follow in 2022. (El Financiero, October 29, 2018)
  • Food processing: Guatemala-based Grupo IDEALSA will invest US$70 million to establish processing operations in Mexico’s southern Puerto Chiapas Special Economic Zone (ZEE), the Mexican government reported. The two-plant site is planned to produce edible oils, fruit juices and dairy beverages. (El Financiero, October 18, 2018)
  • Paper processing: Mexican packaging manufacturer Grupo Gondi will establish a new production plant in the northwestern state of Sonora, the state Governor’s office reported. The US$44 million facility is expected to produce corrugated cardboard packaging with high quality graphics. (Expreso, October 14, 2018)
  • Motorcycles: Mexican automotive manufacturing and sales company MotoDrive, master distributor of the Indian motorcycle brand Bajaj in Mexico, announced plans to establish two assembly plants in the country. Total investment was not specified for the sites, which are expected to produce vehicles for the domestic market. (El Financiero, October 11, 2018) Continue reading Recent and upcoming investment in Mexico