Tag Archives: amusement parks

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Amusement parks: U.S.-based amusement park operator Six Flags Entertainment Corp. inaugurated its remodeled water park in the central state of Morelos at a cost of US$18 million, the company reported. Six Flags plans to add hotel facilities and restaurants at the site in the future. (El Financiero, May 31, 2017)
  • Real estate development: Mexican developer Gicsa reported it will invest approximately US$34 million to convert an existing Mexico City shopping center into a mixed-use complex. The repurposed site is planned to include offices, retail space and a hotel. (El Financiero, May 30, 2017)
  • Casual dining: Mexican restaurant chain Toks, part of the Gigante corporate group, is projecting investment of up to US$48 million across its formats. Projects include a new distribution center, remodeling of the Beer Factory and California format casual dining restaurants and a beer bottling operation. (Reforma, May 30, 2017)
  • Cement: Mexican cement producer Elementia is currently carrying out a US$250 million expansion of its production plant in the central state of Hidalgo, the company reported. The upgrade will increase Elementia’s annual cement production capacity in Mexico to 3.5 million tons. (El Financiero, May 29, 2017)
  • Beverage: British drinks multinational Diageo initiated construction of a bottling line for tequila and vodka at its processing plant in the western state of Jalisco, the company reported. The bottling expansion is part of US$400 million in investment planned through 2020. (El Financiero, May 24, 2017) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Cement: Mexican cement producer Elementia plans investment of approximately US$200 million this year in various operations including its plant in the central state of Hidalgo. Resources will support plant expansion and maintenance activities. (Reforma, February 25, 2016)
  • Aluminum: Mexico’s Grupo Vasconia industrial group will invest approximately US$14 million this year to expand its aluminum production capacity in Mexico, the company reported. Vasconia seeks to double production volume over the next five years to supply the domestic automotive industry. (El Financiero, February 22, 2016)
  • Packaging: U.S. jar and can maker Ball Corp. inaugurated a new manufacturing plant in the northeastern state of Nuevo León. The plant is expected to produce principally metal containers for beverage and food products. (El Financiero, February 24, 2016)
  • Electricity: Spanish renewable energy developer Acciona is projecting investment of approximately US$500 million through 2020 in clean energy projects under Mexico’s electricity sector reform. The company is evaluating generation projects using wind, solar and other renewable energy sources. (Reforma, February 25, 2016)
  • Dairy: Mexican dairy products producer Grupo Lala announced plans to establish a milk production plant in the northwestern state of Sonora. The US$19 million site would become the company’s 24th production facility in the country. (Reforma, February 22, 2016) Continue reading Recent and upcoming investment in Mexico