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Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Food processing: Mexican dairy products giant Grupo Lala inaugurated its first processed meats plant in the central state of Hidalgo, the company reported. The US$55 million facility will produce products for the company’s Nutri Deli brand such as hot dogs, Vienna sausages and sliced processed turkey and ham. (Expansión, October 30, 2017)
  • Construction: Mexican real estate developer Grupo Inmobiliario Frondoso reported plans to invest approximately US$184 million in new residential developments over the next four years.  Projects in planning are targeting cities in the central zone of the country including Guadalajara, San Luís Potosí and León. (El Financiero, October 30, 2017)
  • Electricity: Spanish renewable energy developer Acciona Energía reported it will build electricity transmission infrastructure in the northwestern state of Sinaloa, following a successful tender bid. The US$24.5 million project will include two high tension transmission lines and two substations. (El Financiero, October 24, 2017)
  • Aerospace: Aerospace manufacturer AT Engine Mexico, a joint venture between Germany-based Aerotech Peissenberg and Mexico’s Grupo Punto Alto, plans to establish a production plant in the northwestern state of Sonora. The US$200 million facility is expected to produce turbine parts for General Electric and Rolls Royce aircraft engines. (El Financiero, October 20, 2017)
  • Gasoline: U.S. gas station operator Gulf reported plans to establish 2,000 filling stations in Mexico at a cost of approximately US$211 million. The company also has plans to invest approximately US$400 million to construct six fuel storage terminals in the country over the next three years. (El Financiero, October 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:

  • Energy: Spanish energy infrastructure developer Iberdrola announced it has been awarded a contract to construct and operate a combined cycle electricity generation plant in the northwestern state of Sinaloa. The US$400 million plant is projected to have generation capacity of 766 MW. (El Financiero, March 22, 2017)
  • Food processing: Swiss processed foods giant Nestlé plans to invest approximately US$28 million to achieve water savings at its coffee processing plant in the central city of Toluca. Process modifications will include reduction of steam use, improved condensation recovery and the re-use of pre-treated water in industrial services, the company reported. (El Financiero, March 22, 2017)
  • Entertainment: Mexican corporate group Diniz reported it will add six new family entertainment centers under its Recórcholis brand in Mexico this year at a cost of approximately US$12 million. The centers include children’s activities such as games, rides, bowling, ice skating, go karts, miniature golf and others. (Reforma, March 22, 2017)
  • Logistics: U.S. transport and storage company Bulkmatic, through its Mexico subsidiary Bulkmatic de México, plans to construct a fuel storage terminal in the central state of Hidalgo, the company reported. The US$50 million project will include 10 tanks for gasoline, diesel and biodiesel. (Reforma, March 22, 2017)
  • Retail: Mexican upscale department store operator Liverpool announced it will open 11 new stores in the country during the current year. A planned US$300 million in investment will support new retail locations principally under the company’s Fábricas de Francia brand, in addition to maintenance operations for existing stores. (El Financiero, March 16, 2017) Continue reading Recent and upcoming investment in Mexico