Recent and upcoming investment in Mexico

  • Telecommunications: Canadian telecommunications equipment developer EXFO announced plans to establish a new operations center in the central state of Querétaro. The US$7.5 million facility is expected to produce fiber optic test equipment and develop solutions for mobile networks. (El Economista, June 21, 2022)
  • Brewing: Netherlands-based beer brewer Heineken will construct a new can manufacturing plant near the site of its brewery in the northern state of Chihuahua, the company reported. The US$90 million facility will seek aluminum suppliers with demonstrated commitment to reducing carbon emissions, according to Heineken. (Milenio, June 27, 2022)
  • Construction materials: Mexican construction finishings manufacturer Cesantoni invested approximately US$53 million to expand its production site in the northern state of Zacatecas, the company reported. Resources will allow the company to double the plant’s output of floor tiles and ceramic coverings for export to the U.S. and Latin America. (Líder Empresarial, June 24, 2022)
  • Logistics: U.S. e-commerce giant Amazon inaugurated a new shipping center in the central state of Guanajuato, the company announced. Investment was not specified for the site, which the company reports will allow for same-day deliveries in the region. (Milenio, June 21, 2022)
  • Automotive: Japanese automotive components manufacturer Jarco announced it will establish a new production plant in the central state of Aguascalientes. The US$30 million facility is expected to produce fuel-saving AXO transmissions for the nearby Nissan plant and other regional automotive OEMs. (Reforma, June 21, 2022)

  • Fuel storage: U.S. fuels multinational Valero Energy inaugurated a new fuel storage terminal in the central State of Mexico, the company reported. The US$175 million facility is expected to supply fuel products to the recently opened Felipe Angeles International Airport, in addition to industries in the northern region of the state. (Fortuna y Poder, June 13, 2022)
  • Logistics: Chinese consumer electronics maker Xiaomi inaugurated a new distribution center in the central State of Mexico. The amount of investment was not specified for the site, which is expected to improve the company’s delivery initially of smart phones and later of additional IoT products for the Mexican market. (Comunicae, June 10, 2022)
  • Automotive: Irish electronic automotive components developer Aptiv inaugurated a new plant in the northern border state of Tamaulipas, the Mexican government reported. The US$52.3 million complex will produce electronic components for electric vehicles including for U.S.-based Tesla production. (Fortuna y Poder, June 9, 2022)
  • Retail: Mexican real estate developer Fibra Danhos reported it will open a new upscale shopping mall in Mexico City by the end of this year. The US$300 million development will include not only leading stores and services, but the largest aquarium in Latin America as well, according to the company.  (América Retail, June 9, 2022)
  • Automotive: Chinese automotive components manufacturer Yanfeng reported plans to construct a new production plant in the northern state of Coahuila. The US$17 million facility is intended to produce interiors for electric vehicles. (Inmobiliare, June 10, 2022)
  • Metal forming: Mexican metal products manufacturer Metelmex reported plans to invest US$15 million to expand its plant in the northern state of Coahuila. The upgrade is intended to increase the facility’s output of products such as steel bar grating, railings, ladders, stairs and other steel structures. (Somos Industria, June 2022)
  • Automotive: German auto parts maker Brose will expand its production plant in the central state of Querétaro via investment of US$20 million, the company reported. Brose currently manufactures products such as window regulators and components for drive train, cooling, steering and braking systems in the state. (El Economista, May 31, 2022)
  • Retail: U.S.-based DIY and hardware retailer The Home Depot inaugurated its largest logistics center in Mexico in the central State of Mexico, the company reported. The new site is part of a planned US$50 million investment that will include new warehouses in nine other states around the country. (The Logistics World, June 3, 2022)
  • Electronics: German diversified industrial group Prettl will build its third plant in the central state of Querétaro, the company reported. Investment was not specified for the new site, which is expected to produce plastic parts for automotive LED lighting systems, as well as electrical harnesses for home appliances. (Mexico Industry, June 2022)
  • Manufacturing: German industrial multinational conglomerate Siemens announced investment of approximately US$34 million in its operations in the northeastern state of Nuevo León. Plans include construction of a new LEED-certified plant to produce plastic electrical components. (Revista Transportes y Turismo, May 31, 2022)
  • Automotive: Canadian automotive components manufacturer Martinrea announced an upgrade to its production plant in the northern state of Coahuila. The US$45 million expansion will boost the company’s output of vehicle parts, assemblies and modules at the location. (Somos Industria, June 2022)

Leave a Reply

Your email address will not be published.