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Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Glass: Mexican glass manufacturer Grupo Millet reported plans to construct a new production plant in the southeastern state of Yucatan. The US$70 million site will produce architectural glass for export to the United States and elsewhere in Latin America. (El Financiero, January 25, 2017)
  • Casual dining: Mexico’s leading casual dining franchise operator Alsea plans investment of approximately US$190 million to open a record number of new locations across its portfolio in 2017, the company reported. Plans include some 250 new stores, in formats such as Starbucks, Burger King, Domino’s Pizza, Chili’s and others. (Reforma, January 24, 2017)
  • Technology: U.S.-based Deloitte Consulting inaugurated a regional service delivery center in the central Mexican state of Querétaro. The US$10 million center is planned to provide development, testing, support and maintenance services for the firm’s application maintenance, enterprise resource planning (ERP) and IT consulting clients throughout the Americas. (El Economista, January 25, 2017)
  • Natural gas: Mexican fuel distribution company Grupo Energéticos (Energex) plans to build four service stations to offer vehicular natural gas in the country this year, the company reported. The US$4 million project will provide compressed natural gas for vehicular use as an alternative to conventional gasoline, which has risen sharply in price during the current year. (Reforma, January 23, 2017)
  • Energy: Spanish energy infrastructure developer Iberdrola will invest approximately US$600 million to construct an electricity generation plant in the northeastern state of Nuevo León, the company reported. The combined cycle plant is planned to be powered by natural gas. (Mundo Ejecutivo, January 19, 2017) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Couriers: Envía, the courier division of Mexican passenger bus service operator Estrella Blanca, is planning an investment strategy of approximately US$5 million annually over the next five years to overtake rival Estafeta in the domestic package delivery market. Resources will support acquisition of new fleet vehicles and an aggressive marketing campaign, among other expansion initiatives. (El Financiero, August 31, 2015)
  • Entertainment: U.S. family restaurant chain Chuck E. Cheese reported plans to invest approximately US$28 million through 2018 to expand its presence in the Mexican market. The company recently inaugurated its second casual dining and family entertainment center in the country. (El Financiero, August 31, 2015)
  • Pharmaceuticals: Swiss pharmaceuticals maker Novartis plans to boost investment in clinical research in Mexico to approximately US$50 million over the next five years, the company reported. Investment will be extended to Centers of Excellence responsible for promoting best practices among health institutions in the country. (El Financiero, August 25, 2015)
  • Retail: Dutch clothing retailer C&A plans to open six to eight new stores in Mexico in 2016 at a cost of approximately US$8.5 million, the company reported. C&A currently operates 75 sales locations in the country. (El Financiero, August 17, 2015)
  • Meat: Mexican meat processor SuKarne has invested approximately US$38 million in its integrated sanitary processing system since 2014, the company reported. Upgrades to health safety systems include infrastructure, monitoring systems and microbiological analysis capabilities. (El Financiero, August 19, 2015) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Steel: Steel producer Ternium, a subsidiary of Argentinian-Italian industrial conglomerate Techint, plans investment of approximately US$300 million to expand its production facility in the northeastern state of Nuevo León.  Plans under consideration include an additional line of galvanized steel sheet to supply a KIA Motors auto manufacturing plant in development in the state. (Reforma, July 24, 2014)
  • Airports: Mexican airport operator Grupo Aeroportuario del Centro Norte (OMA) will invest approximately US$27 million in construction and remodeling for the international airport at the coastal resort of Acapulco, the company reported. Plans include the demolition and reconstruction of the existing terminal building. (Mexican Business Web, July 25, 2014)
  • Consumer goods: German personal care product manufacturer Beiersdorf inaugurated  a new manufacturing plant in the central state of Guanajuato.  The US$130 million facility, planned to produce lotions and other personal hygiene products, is LEED certified and includes a research center. (El Financiero, July 21, 2014)
  • Retail: Upscale department store operator and shopping center developer Liverpool reported plans to invest approximately US$370 million in Mexico operations over the course of this year.  Projects include opening at least four new department store locations under the Liverpool and Fábricas de Francia brands as well as a shopping mall in the central city of Toluca. (Reforma, July 21, 2014)
  • Automotive: Japanese auto maker Toyota plans investment of US$100 million to launch production of a new model in Mexico in 2015.   Toyota currently manufactures autos at a Mazda plant in the central state of Guanajuato. (Reforma, July 17, 2014)
  • Beverage: U.S.-based Coca-Cola Co. announced it will invest approximately US$8.2 billion in Mexico operations through 2020 in joint projects with its eight local bottlers.  Plans include expansion of production, warehousing, recycling, new technology development and sustainability programs. (Wall Street Journal, July 16, 2014) Continue reading Recent and upcoming investment in Mexico