Tag Archives: confectionery

Recent and upcoming investment in Mexico

  • Food processing: Spanish pizza marketer Food Delivery Brands inaugurated a new production and administrative facility in the central state of Querétaro, the company reported. The US$8.5 million site, expected to produce pizza dough for the company’s Pizza Hut restaurants in the country, includes refrigerated and freezer warehousing, packaging operations, raw materials handling and shipping infrastructure. (Cluster Industrial, July 27, 2022)
  • Manufacturing: Japanese air conditioning multinational Daikin plans to establish a manufacturing plant in the central state of San Luís Potosí, the state government reported. The US$230 million facility is expected to produce energy-efficient air conditioning units for the U.S. market. (Cluster Industrial, July 25, 2022)
  • Retail: Mexican grocery and general merchandise retailer Grupo Chedraui plans to open approximately 100 new Smart & Final grocery stores in Mexico, the company reported. Chedraui currently operates 17 Smart & Final stores in northwestern Mexico in partnership with regional grocery retailer Grupo Calimax. (Reforma, July 27, 2022)
  • Railroad: U.S.-owned rail freight operator Kansas City Southern de México (KCSM) reported plans to invest up to US$195 million to construct a railway bypass in the central state of Guanajuato. The new track will allow KCSM to provide freight services in the region without passing through the central zone of the city of Celaya. (El Economista, July 21, 2022)
  • Brewing: French malt producer Malteurop is projecting completion of a new malting plant in the northern state of Chihuahua at a total cost of US$120 million, the company reported. The site is expected to produce 120,000 tons of malted barley annually for the Heineken brewery in the area. (Cluster Industrial, July 26, 2022)

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