Tag Archives: pork

Recent and upcoming investment in Mexico

Investment, Manufacturing, Services, , , , , , , , , , , , ,
Email, RSS Follow
Email

Information collected from media reports over the last month:

  • Pork: U.S.-Mexican pork producer Granjas Carroll de Mexico inaugurated a large pork processing plant in the southern state of Puebla, the company reported. The US$145 million facility is equipped with eight biodigesters to produce clean energy and has processing capacity of 600 hogs per hour. (El Financiero, February 21, 2019)
  • Chemicals: Netherlands-based chemicals maker Nouryon reported it will expand its manufacturing plant in the central State of Mexico. The US$17 million upgrade will allow the site to increase production of organic peroxides used in the manufacture of PVC and other plastics. (El Financiero, February 19, 2019)
  • Automotive: German automotive components manufacturer Preh inaugurated a new pre-production plant in the northeastern city of Nuevo León, the company reported. The US$7.4 million facility will allow Preh to expand production capacity for products such as dashboard electronics, climate control, audio and navigation systems. (Zócalo, February 15, 2019)
  • Telecommunications: Mexican telecommunications multinational América Móvil reported plans to invest approximately US$8.5 billion this year across operations. Resources will support expansion of wireless coverage, data transmission capacity and 5G technology. (El Financiero, February 14, 2019)
  • Mining: UK and Mexico-based mining company Fresnillo reported investment plans totaling approximately US$1.98 billion to support operations in Mexico over the next three years. Plans include acceleration of silver and gold extraction as well as the expansion of the company’s pyrites plant in the northern state of Zacatecas. (El Financiero, February 27, 2019) Continue reading Recent and upcoming investment in Mexico →

Recent and upcoming investment in Mexico

Investment, Manufacturing, , , , , , ,
Email, RSS Follow
Email

Information collected from media reports over the last month:

  • Retail: Mexican grocery and general merchandise retailer La Comer reported it is on track to invest approximately US$155 million this year in store remodels, new stores and retail technology upgrades. The chain announced plans to open 8 – 10 new stores per year for the foreseeable future. (El Financiero, October 31, 2018)
  • Logistics: Mexican department store operator and commercial real estate developer Liverpool plans to invest up to approximately US$155 million in its Arco Norte Logistics Center in the central State of Mexico through 2022, the company reported. The distribution center is expected to begin handling appliances and furniture in 2021 with clothing, linens and accessories to follow in 2022. (El Financiero, October 29, 2018)
  • Food processing: Guatemala-based Grupo IDEALSA will invest US$70 million to establish processing operations in Mexico’s southern Puerto Chiapas Special Economic Zone (ZEE), the Mexican government reported. The two-plant site is planned to produce edible oils, fruit juices and dairy beverages. (El Financiero, October 18, 2018)
  • Paper processing: Mexican packaging manufacturer Grupo Gondi will establish a new production plant in the northwestern state of Sonora, the state Governor’s office reported. The US$44 million facility is expected to produce corrugated cardboard packaging with high quality graphics. (Expreso, October 14, 2018)
  • Motorcycles: Mexican automotive manufacturing and sales company MotoDrive, master distributor of the Indian motorcycle brand Bajaj in Mexico, announced plans to establish two assembly plants in the country. Total investment was not specified for the sites, which are expected to produce vehicles for the domestic market. (El Financiero, October 11, 2018) Continue reading Recent and upcoming investment in Mexico →

Recent and upcoming investment in Mexico

Energy, Investment, Manufacturing, , , , , , , , , , , , , ,
Email, RSS Follow
Email

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 →