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Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Automotive: Swiss machinery manufacturer Komax inaugurated a manufacturing plant in the central state of Guanajuato. The US$5 million facility is planned to produce electromechanic systems and equipment used to test wire harnesses for the automotive industry. (Reforma, November 30, 2017)
  • Manufacturing: U.S.-based multinationals Flex and Nike inaugurated a wearable electronics manufacturing plant in the western state of Jalisco. The US$105 million complex includes its own electricity co-generation plant. (Milenio, November 29, 2017)
  • Wind power: Italian renewable energy developer Enel Green Power plans to build four wind power plants in Mexico, the company reported. Projected investment of US$700 million includes construction of approximately 593 Mw of generation capacity in the northern states of Coahuila and Nuevo León. (El Financiero, November 24, 2017)
  • Brewing: Mexican brewer Grupo Modelo, subsidiary of Belgium-based brewing multinational Anheuser-Busch InBev, announced plans to build a new beer brewery in the central state of Hidalgo. The US$737 million site is planned to have initial annual production capacity of 12 million hectoliters. (Reforma, November 24, 2017)
  • Retail: Mexican grocery and general merchandise retailer La Comer opened a new store under its upscale City Market format in the western city of Guadalajara. The US$10.5 million sales location features a wide selection of imported gourmet products. (El Financiero, November 23, 2017) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Infrastructure: Mexican President Enrique Peña Nieto presented the National Infrastructure Program for his six-year administration this month.  The plan calls for approximately US$587 billion in earmarked spending, with major financing coming for gas pipeline construction, fiber optic network expansion and high-speed passenger train lines, among other projects. (El Financiero, April 29, 2014)
  • Wind power: Mexican mining firm Peñoles and Spanish renewable energy developer EDP Renováveis announced they will jointly construct a wind power generation park in the northern state of Coahuila.  The facility is projected to have installed capacity of 180 MW and will provide power for Peñoles’ internal needs.  The amount of investment was not specified. (El Financiero, April 28, 2014)
  • Packaging: Swedish-Swiss packaging manufacturer Tetra Pak plans expansion of its production plant in the central state of Querétaro at a cost of approximately US$100 million.  Upgrades will focus on boosting lamination capacity in the face of annual growth of over 4% in the company’s Mexico market. (El Economista, April 20, 2014)
  • Retail: Mexican appliance and general merchandise retailer Coppel is estimating its 2014 investment at approximately US$175 million to expand its footprint.  The chain’s plans include opening 110 new retail locations. (El Financiero, April 11, 2014)
  • Automotive: Mexican industrial park developer Vesta acquired land in the central state of Tlaxcala to build a new manufacturing park for the automotive industry.  The US$22 million complex is intended to serve suppliers to a new OEM plant for German auto maker Audi projected to start production in 2016 in the nearby state of Puebla. (Vesta, April 9, 2014) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Logistics: Mexican courier company Estafeta plans investment of approximately US$33 million in 2014 to meet projected double-digit growth in demand, the company reported.  Resources will be assigned to upgrades in operational infrastructure and technology as well as vehicle fleets. (T21, February 27, 2014)
  • Food processing: Mexican processed foods leader Grupo Herdez estimates it will invest US$49 million this year in its Nutrisa health food store chain.  Plans include 50 new retail sites for Nutrisa, which sells health food products and supplements to take away and frozen yogurt to consume on premises. (Reforma, February 27, 2014)
  • Steel: Mexican steel pipe manufacturer Tubacero inaugurated its fourth production plant in the northeastern state of Nuevo León.  The US$90 million site reportedly will produce spiral steel pipe from rolled sheet of up to 96 inches in width. (Reforma, February 26, 2014)
  • Retail: Wal-Mart de México, the country’s largest retailer, plans investment of approxmately US$870 million in Mexico operations in 2014.  Projects include new store openings and renovations to existing stores. (El Financiero, February 25, 2014)
  • Chemicals: German consumer chemical products producer Henkel will invest US$35 million this year to expand production capacity at the company’s plant in the central city of Toluca.  The facility produces products including laundry detergent and hand soap. (El Financiero, February 24, 2014)
  • Automotive: Japanese auto parts maker Alpha Industry inaugurated a new manufacturing plant in the western state of Jalisco.  The US$41 million site will produce chromed door handles for Nissan and Honda OEMs in the region. (La Crónica de Hoy, February 20, 2014) Continue reading Recent and upcoming investment in Mexico