Tag Archives: Manufacturing

Recent and upcoming investment in Mexico

  • Industrial gases: Cryoinfra, subsidiary of Mexican industrial gas producer Grupo Infra, inaugurated a new cryogenic production plant in the northeastern state of San Luís Potosí, the company reported. The US$65 million facility is expected to produce oxygen, hydrogen, nitrogen and argon for hospitals and industrial plants in the country’s central Bajío region. (Lider Empresarial, April 29, 2022)
  • Beer brewing: U.S. drinks conglomerate Constellation Brands announced plans to build a new beer brewery in the eastern Gulf coast state of Veracruz. Construction on the US$1.3 billion mega-plant was originally begun in the northern border city of Mexicali before being cancelled in 2020 at the initiative of President Andrés Manuel López Obrador. (El Financiero, April 22, 2022)
  • Automotive: South Korean automotive components manufacturer LG Magna e-Powertrain began construction of a new production plant in the northern state of Coahuila, the company reported. The US$100 million facility is planned to produce inverters, motors and chargers for General Electric electric vehicles. (Reforma, April 20, 2022)
  • Furniture: Chinese furniture manufacturer Kuka Home initiated construction of a new production site in the northeastern state of Nuevo León, the company reported. The US$200 million plant is expected to produce upholstered sofas, chairs and beds beginning in 2023. (Milenio, April 18, 2022)
  • Pet food: U.S.-owned pet food producer Mars Petcare announced plans to expand its production plant in the central state of Querétaro. The US$100 million upgrade is expected to more than double the site’s current production capacity to over 70,000 tons of wet pet food annually. (Somos Industria, April 2022)

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Recent and upcoming investment in Mexico

  • Logistics: Mexican 3PL services provider Solistica, subsidiary of diversified corporate group FEMSA, inaugurated a new distribution center in the northeastern state of Nuevo León, the company reported. The site is part of US$50 million in investment planned for the current year, in areas including expansion of infrastructure, transport, distribution centers, warehousing and systems technology. (Reforma, March 29, 2022)
  • Manufacturing: U.S. home appliance manufacturer Whirlpool announced investment of US$30 million across various manufacturing sites in Mexico to increase production capacity. The company produces products such as refrigerators, ovens and washing machines at five plants in the country. (Reforma, March 28, 2022)
  • E-commerce: Mexican furniture retailer Muebles Dico launched an on-line marketplace called TodoMuebles to sell the company’s own products in addition to those of other small businesses. The new e-commerce site offers furniture as well as products for home decor, kitchen, lighting, office, children, and accessories. (Reforma, March 25, 2022)
  • Airports: Mexican airport operator Grupo Aeroportuario Centro Norte (OMA) reported it will invest an unspecified amount to convert its airport in the northeastern industrial city of Monterrey into a hub for international flights. Plans include construction of a new air traffic control center and control tower. (Reforma, March 21, 2022)
  • Steel: Mexican steel products maker Deacero announced plans to construct a new manufacturing plant in the northern state of Coahuila. The US$21 million site is expected to produce raw and galvanized steel beams for the electricity, telecommunications, oil and gas industries. (El Financiero, March 17, 2022)

Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

  • Logistics: Mexican logistics services provider Onest Logistics is currently constructing a new operations center in the central State of Mexico, the company reported. The US$9.5 million facility is planned specifically to meet rapidly growing demand from e-commerce platforms such as MercadoLibre and Amazon. (El Norte, November 30, 2021)
  • Manufacturing: French rail car manufacturer Alstom is carrying out investment of approximately US$25 million at its plant in the central state of Hidalgo, the company reported. The company is upgrading equipment, installations and testing track for the construction of rolling stock for the Maya Train, currently being built in southeastern Mexico. (Reforma, November 25, 2021)
  • Automotive: German electronics and engineering multinational Bosch announced plans to expand production at its manufacturing plant in the central state of Aguascalientes. The US$83 million upgrade is expected to support increased output of the company’s automotive braking system components iBooster, ABS and ESP. (Forbes México, November 24, 2021)
  • Pharmaceutical: U.S. pharmaceutical multinational Baxter inaugurated a new production line at its plant in the southern state of Morelos, the company reported. The expansion is part of a US$100 million investment through 2024 that will allow the plant to increase production of kidney treatment products for the Mexican, U.S. and Latin American markets. (Reforma, November 23, 2021)
  • Electronics: Taiwanese-owned electronics manufacturer Kemet announced plans to expand its plant in the northeastern state of Tamaulipas. The US$20 million upgrade will allow the company to increase production of capacitors used by the automotive, aerospace and medical device industries, among others. (Milenio, November 11, 2021) Continue reading Recent and upcoming investment in Mexico