Tag Archives: Renewable energy

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Construction: Mexican corporate identify design and construction firm Grupo Escato established a new US$80 million operations center in the central State of Mexico, the company reported. The site will be equipped with latest-generation machinery for producing customized brand identity environments for banks and other corporate buildings from materials such as wood, metal and plastic. (Reforma, November 29, 2018)
  • Water treatment: German auto maker Audi inaugurated a reverse osmosis water purification plant at its production facility in the southeastern city of Puebla, the company reported. Investment was not specified for the project, which reportedly will allow the manufacturing site to recycle 100% of the water used for production operations. (Expansión, November 15, 2018)
  • Solar power: Mexican cement conglomerate Cemex has begun construction of a large scale solar energy generation park in the northern state of Zacatecas, the company reported. The US$320 million site is projected to have capacity of 378 MW and supply power for Cemex operations and sale to other companies. (Reforma, November 16, 2018)
  • Food processing: Mexican food ingredient manufacturer Deiman reported it is constructing a new production plant at an unspecified cost in the southeastern state of Puebla. The company produces flavorings, colorings and other additives for processed foods to serve clients in the domestic market as well as for export to the United States, Europe and South America. (Reforma, November 20, 2018)
  • Retail: China-based lifestyle and personal care products retailer Mumuso plans to grow from 21 to 100 stores in Mexico by the end of 2019, the company reported. Investment was not specified for the expansion, which includes sourcing more products from local suppliers than the chain customarily does in Asia. (El Financiero, November 16, 2018) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Candy: U.S.-based food processing giant Mondelez reported investment of US$133 million in its confectionery plant in the southeastern state of Puebla over the past three years. Resources helped expand production by 40% of chewing gum for brands such as Trident, Clorets and Bubbaloo. (El Financiero, August 31, 2017)
  • Petroleum: Australian mining and oil multinational BHP Billiton plans investment of approximately US$700 million in Mexico oil exploration, principally in the Gulf of Mexico, the company reported. BHP Billiton won rights to explore Gulf oilfields in a Mexican government tender last year. (El Financiero, August 31, 2017)
  • Industrial parks: A consortium of Chinese and Mexican investors including Holley Group, Futon Group and the Santos family began construction of an industrial park in the northeastern state of Nuevo León, local media reported. Investment of US$50 – 60 million is estimated for an initial phase of the facility, which investors project will attract up to 100 Chinese companies over the first 10 years of operation. (Expansión, August 25, 2017)
  • Food processing: Mexican industrial baking giant Grupo Bimbo plans to construct a major new distribution center in Mexico City, the company reported. The US$128 million site is planned to be LEED Gold certified and make use of wind-generated electricity. (Aristegui Noticias, August 29, 2017)
  • Gym equipment: Taiwanese-owned fitness equipment brand Matrix Fitness will invest US$3.5 million in a push to expand its participation in the Mexican market, the company reported. Matrix seeks to expand its market share from 5% to 30% by partnering with sports center chains such as Sport City and Smart Fit. (El Financiero, August 25, 2017) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Pharmaceutical: Mexican drug maker Chinoin invested US$12 million to boost production capacity at its plant in the central state of Aguascalientes, the company reported. Upgrades included acquisition of latest-generation laboratory testing equipment and construction of a new specialized building for the facility’s microbiology laboratory. (Reforma, July 28, 2017)
  • Automotive: U.S. auto maker Ford reported plans to invest approximately US$56 million to remodel its network of sales distributorships in Mexico. Upgrades for the 127 sales locations include WiFi, community centers and areas for viewing new models of sports cars. (El Financiero, July 28, 2017)
  • Wind power: Danish wind turbine maker Vestas, in conjunction with U.S. turbine blade producer TPI Composites, announced plans to construct a blade manufacturing plant in the northeastern state of Tamaulipas. The amount of investment was not specified for the plant, which is expected to produce blades for the V136 model turbine. (Reforma, July 20, 2017)
  • Automotive: German electronics and engineering multinational Bosch plans to open a new plant this year in the central state of Querétaro, the company reported. The US$80 million facility will produce automotive steering columns for regional OEMs such as Volkswagen, General Motors, Mazda, Honda and Toyota. (El Financiero, July 11, 2017)
  • Fuel storage: IEnova, the Mexican subsidiary of U.S. natural gas utility Sempra Energy, was awarded a concession to construct a fuel storage facility in the Gulf port city of Veracruz. The US$115 million site is planned to handle gasoline, diesel and aviation fuel. (El Financiero, July 13, 2017) Continue reading Recent and upcoming investment in Mexico