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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:

  • Manufacturing: Spanish appliance manufacturer Fagor will invest US$3.5 million to expand capacity at its production plant in the central state of San Luís Potosí.  The project is aimed at boosting output of products such as refrigerators, dishwashers, ovens and other kitchen equipment. (Mexican Business Web, August 27, 2012)
  • Logistics: Mexican rail operator Ferrocarril Mexicano (Ferromex) plans investment of approximately US$2.3 billion over the next five years to upgrade infrastructure to meet projected growth in demand for rail service.  Resources will be used to expand and improve track and freight terminals to handle expected demand growth from the automotive and mining sectors. (El Economista, August 26, 2012)
  • Building materials: U.S. ceramic flooring manufacturer Daltile opened a new production facility in the central state of Guanajuato.  The US$65 million site becomes the company’s eighth manufacturing location in the country. (El Economista, September 4, 2012)
  • Security: Brink’s Panamericano de México, Mexican affiliate of U.S. secure transport firm Brink’s, is projecting investment of US$30 million over the next three years for upgrades and expansion.  Plans include upgraded armored trucks and equipment, technology enhancements and training for personnel. (Mexican Business Web, September 7, 2012)
  • Electronics: U.S. contract manufacturer Sigmatron inaugurated a new production facility in the northern state of Tijuana.  The US$2 million plant will produce electronic components for the medical, automotive and electronics industries. (Periódico Industrial Siglo XXI, September 11, 2012) Continue reading Recent and upcoming investment in Mexico