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- Logistics: Mexican upscale department store chain and mall operator Liverpool inaugurated a major new distribution center in the central State of Mexico. The first stage of the planned US$1.2 billion Plataforma Logística Arco Norte (PLAN) is expected to double the company’s existing capacity for receiving, warehousing and shipping products throughout the country. (Reforma, October 27, 2022)
- Food processing: U.S. food processor Del Monte Foods announced a major expansion of its plant in the northeastern state of Nuevo León. The US$30 million upgrade is planned to boost processing capacity of fruit and juices for export to the United States, China, Japan and South Korea. (Reforma, October 24, 2022)
- Automotive: German automotive components manufacturer Standard Profil inaugurated a new production plant in the central state of Guanajuato. The US$9.8 million facility is expected to produce sealing systems for electric vehicles of automotive OEMs such as Ford, Tesla, Rivian, Audi and Volvo. (Cluster Industrial, October 20, 2022)
- Manufacturing: Chinese HVAC manufacturer Sanhua inaugurated a new production plant in the northern state of Coahuila, the state government reported. The US$35 million site is planned to produce components for refrigeration and air conditioning systems. (Milenio, October 19, 2022)
- Refrigeration: Danish heating and cooling equipment maker Danfoss inaugurated a new manufacturing plant in the northeastern state of Nuevo León, the company reported. Investment was not specified for the new facility, which is expected to produce components for heat exchangers used in industrial refrigeration. (Milenio, October 19, 2022)
- Automotive: German auto maker Volkswagen is projecting investment of approximately US$763 million through 2025 to modernize its manufacturing plant in the southern state of Puebla. Plans include a new all-electric painting unit powered by wind-generated electricity. (Reforma, October 28, 2022)
- Commercial real estate: Mexican commercial real estate developer Grupo Murano inaugurated a new hotel and retail complex in central Mexico City. The US$150 million site is part of an investment program that includes hotels planned for the coastal cities of Cancun and Ensenada under the AM Resorts brand. (Reforma, October 25, 2022)
- Railroads: Mexican rail freight operator Ferromex, subsidiary of Grupo Mexico Transportes, plans investment of approximately US$470 million in 2023, the company reported. Resources are expected to support acquisition of new railroad equipment, expansion of operations and technology upgrades. (Reforma, October 27, 2022)
- Manufacturing: U.S.-based bedding products multinational Tempur Sealy reported plans to expand its mattress manufacturing plant in the central State of Mexico. The US$3.5 million upgrade includes the addition of loading docks and expansion of production facilities. (Forbes, October 19, 2022)
- Automotive: Portuguese automotive components multinational Sodecia announced it will expand operations at its manufacturing plant in the northern state of Coahuila. A US$36 million upgrade is expected to add automation technology including hot stamping to increase the range of auto body parts produced at the site. (Mexico Industry, October 13, 2022)
- Logistics: U.S. e-commerce giant Amazon inaugurated a new shipping center in the northeastern state of Nuevo León, the state government reported. The 225,000 sq. ft. facility is part of the company’s current US$75 million investment program in the state. (Government of Nuevo León, October 13, 2022)
- Chemicals: Swiss chemical ingredients maker Givaudan inaugurated an expansion of its Flavors and Wellness production plant in the central state of Morelos. The US$7.7 million upgrade includes new quality control laboratories and administrative facilities. (Mexico Industry, October 12, 2022)
- Electronics: U.S. semiconductor manufacturer Vishay Intertechnology inaugurated a new production plant in the northern border city of Ciudad Juárez, the Chihuahua state government reported. The US$23 million facility is expected to produce resistors for industrial and consumer products. (Solili, October 12, 2022)
- Retail: U.S.-based DIY and hardware retailer The Home Depot inaugurated a new retail location in the northeastern industrial city of Monterrey via investment of approximately US$30 million, the company reported. The Home Depot’s investment plans also include a US$50 million multi-channel distribution center in Nuevo León, a new logistics hub and additional stores. (América Retail, October 11, 2022)
- Manufacturing: Chinese machinery manufacturer BUT Construction Machinery established a new production plant in the northeastern state of Nuevo León, the state government reported. The US$20 million site is planned to produce excavator parts and hydraulic clamps. (Somos Industria, October 2022)
- Casual dining: Canadian coffee and fast-food chain Tim Hortons announced planned investment of US$30 million to open 50 locations in the central state of Querétaro. The company also reported plans to establish points of sale in Walmart and Sam’s Club stores in Mexico. (Mexico Industry, October 10, 2022)
- Automotive: Korean automotive electronics maker HL Klemove reported plans to establish a new manufacturing plant in the northern state of Coahuila. The US$65 million facility is expected to produce electric vehicle components such as cameras, radar and domain controllers (DCU) for OEMs such as Hyundai and Kia. (Somos Industria, October 2022)
- Metal finishing: Turkish metal finishing technology manufacturer BOCE Industrial Systems inaugurated an industrial plant in the central state of Querétaro at an estimated cost of US$1.5 million. The site is expected to produce automatic surface treatment and electro-plating lines for anti-corrosion, decorative or functional applications. (Radio Fórmula, October 2, 2022)
Tag Archives: Electronics
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)
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)