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Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Chemicals: Mexican industrial group Cydsa will invest US$200 million through 2013 to open a new factory and upgrade existing infrastructure, the company announced.  Plans include a new facility to produce bleach and caustic soda as well as projects for the transport and storage of gas from the United States and Canada. (El Financiero, June 19, 2012)
  • Autoparts: German auto parts maker Robert Bosch plans investment of approximately US$140 million in its Mexico operations this year, based on projected domestic sales growth of 10 – 15%.  The company operates eight manufacturing plants around Mexico. (El Financiero, June 20, 2012)
  • Software: U.S. corporate group General Electric will invest US$30 million to expand its Advanced Turbomachinery Engineering Center in the central Mexican state of Querétaro.  The center develops software for GE’s aviation and energy divisions. (El Financiero, June 28, 2012)
  • Aerospace: U.S.-based coatings engineers Ellison Surface Technologies will open a new thermal spray coating and special process facility in the northern state of Sonora, the company announced at the Farnborough air show.  The US$1.5 million location is planned to provide heat treatment and special processes for aerospace components. (El Siglo de Torreón, July 10, 2012)
  • Green building: Spanish bank BBVA has initiated construction of a new corporate tower and a new operations center in central Mexico City, to be built at a combined cost of approximately US$900 million.  The 50-floor corporate building is planned to be LEED-certified, including advanced technology for air quality and reduced consumption of water and electricity. (Reforma, July 6, 2012) Continue reading Recent and upcoming investment in Mexico