Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Airports: Mexico’s Ministry of Communications and Transport (SCT) launched a US$22 million expansion of the current Mexico City airport, the ministry reported. Construction, which will include seven new arrival and departure gates as well as access roads, will be led by contractors Epccor (Mexico) and Sacyr (Spain). (Reforma, September 25, 2019)
  • Manufacturing: Japanese-Mexican manufacturing joint venture Yamada-Vistamex completed an expansion of its production plant in the central state of Guanajuato, the company reported. The US$3 million upgrade will allow the operation to boost production of personal care products and home plastics for clients such as P&G, Tupperware, Crane and Force of Nature. (Somos Industria, September 2019)
  • HVAC: Swedish diversified corporate group Dometic inaugurated a new manufacturing plant in the northeastern state of Nuevo León, local media reported. The facility, for which the amount of investment was not specified, will produce various types of air conditioning systems. (Somos Industria, September 2019)
  • Ports: Port operator Contecon, subsidiary of Philippines-based International Container Terminal Services, announced it will invest approximately US$250 million to expand its concession at the Pacific coast port of Manzanillo. Contecon currently handles 35% of the freight moved through the port, principally for manufacturing industries such as automotive and appliances. (El Financiero, September 19, 2019)
  • Leisure: Mexican theme park operator Ventura Entertainment announced plans to establish two new golf-themed venues in Monterrey and Mexico City via investment of approximately US$41 million. The sites will operate under the TopGolf brand through a franchise agreement with U.S.-based TopGolf. (Reforma, September 16, 2019)
  • Brewing: French malt producer Malteurop reported plans to construct a malting facility in the northern state of Chihuahua. The new plant, for which investment was not specified, is expected to produce 120,000 tons of malted barley annually for the Heineken brewery in the area.  (El Diario de Delicias, September 4, 2019)
  • Fuel storage: Mexican fuel distribution company Enermex plans to build five fuel storage terminals at various points around the country via investment of approximately US$500 million, the company reported. The sites in Jalisco, the Valley of Mexico, Veracruz, Oaxaca and Tabasco will house gasoline, diesel and crude oil. (Reforma, September 3, 2019)
  • Automotive: Japanese auto maker Nissan will invest approximately US$278 million in its plant in the central state of Aguascalientes to produce a new passenger car model, the company reported. Resources will support the incorporation of updated technologies in both the vehicle itself and the production line. (El Financiero, September 4, 2019)
  • Beverage: Mexican beverage bottler and retail group Fomento Económico Mexicano (FEMSA) announced investment plans of approximately US$3 billion through 2021. FEMSA runs the world’s largest Coca Cola bottling operation as well as Mexico’s largest chain of convenience stores. (Milenio, September 6, 2019)
  • Airports: Mexican airport operator Grupo Aeroportuario Centro Norte (OMA) inaugurated an expansion and remodel of the terminal building of its airport at the central city of San Luís Potosí, the company reported. The US$20 million upgrade increased passenger handling capacity to 1.2 million passengers annually and added jetways and baggage claim equipment. (T21, August 19, 2019)
  • Beverage: British drinks multinational Diageo reported plans to invest approximately US$250 million in Mexico operations over the next five years. Resources are expected to support improved production infrastructure and expanded agricultural operations for the Don Julio tequila brand. (Milenio, September 7, 2019)
  • Automotive: German automotive components manufacturer BMTS Technology inaugurated a new production plant in the northern state of Coahuila, local media reported. The US$100 million site is expected to produce turbochargers for automobiles and commercial and off-road vehicles. (El Diario de Coahuila, September 5, 2019)
  • Gas stations: Petro Seven, the gasoline filling station chain associated with multinational convenience store chain 7-Eleven, announced it will make approximately US$300 million worth of investments in Mexico operations over the next four years. Projects include doubling the number of Petro Seven stations in the country to 520. (El Financiero, September 2, 2019)

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