Tag Archives: pharmacies

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:

  • Solar power: Italian renewable energy developer Enel Green Power inaugurated a solar energy generation plant in the central state of Guanajuato, the company reported. The US$220 million facility is projected to have a maximum capacity of 238 Mw. (Reforma, May 24, 2018)
  • Pharmacies: Mexican pharmacy chain operator Farmacias del Ahorro plan to open 200 new stores this year, the company reported. Investment was not specified for the expansion, which is expected to focus on the four northwestern states of Baja California, Sonora, Sinaloa and Colima. (Reforma, May 25, 2018)
  • Retail: Mexican department store chain Elektra projects it will open 90 stores in the country this year at a cost of approximately US$203 million. Despite the rapid growth of e-commerce, Elektra has opened 182 new physical sales locations over the past two years. (Forbes en Español, May 22, 2018)
  • Electricity: Mexican energy developer Rengen Energy Solutions plans investment of approximately US$400 million to build electricity generation plants for private industrial operations, the company reported. Plans in development include eight plants for industrial clusters seeking to take advantage of electricity generation by private producers now permitted under Mexico’s recent energy reform. (El Financiero, May 17, 2018)
  • Fuel storage: Private companies are currently undertaking construction of 48 new fuel storage terminals in Mexico via combined investment of approximately US$2.7 billion, Mexico’s Energy Ministry (Sener) reported. The new projects are projected to add 31 million barrels of storage capacity and extend inventories from three to 13 days by 2022. (El Financiero, May 17, 2018) Continue reading Recent and upcoming investment in Mexico

Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Food processing: Mexican dairy products giant Grupo Lala inaugurated its first processed meats plant in the central state of Hidalgo, the company reported. The US$55 million facility will produce products for the company’s Nutri Deli brand such as hot dogs, Vienna sausages and sliced processed turkey and ham. (Expansión, October 30, 2017)
  • Construction: Mexican real estate developer Grupo Inmobiliario Frondoso reported plans to invest approximately US$184 million in new residential developments over the next four years.  Projects in planning are targeting cities in the central zone of the country including Guadalajara, San Luís Potosí and León. (El Financiero, October 30, 2017)
  • Electricity: Spanish renewable energy developer Acciona Energía reported it will build electricity transmission infrastructure in the northwestern state of Sinaloa, following a successful tender bid. The US$24.5 million project will include two high tension transmission lines and two substations. (El Financiero, October 24, 2017)
  • Aerospace: Aerospace manufacturer AT Engine Mexico, a joint venture between Germany-based Aerotech Peissenberg and Mexico’s Grupo Punto Alto, plans to establish a production plant in the northwestern state of Sonora. The US$200 million facility is expected to produce turbine parts for General Electric and Rolls Royce aircraft engines. (El Financiero, October 20, 2017)
  • Gasoline: U.S. gas station operator Gulf reported plans to establish 2,000 filling stations in Mexico at a cost of approximately US$211 million. The company also has plans to invest approximately US$400 million to construct six fuel storage terminals in the country over the next three years. (El Financiero, October 19, 2017) Continue reading Recent and upcoming investment in Mexico