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Recent and upcoming investment in Mexico

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Information collected from media reports over the last month:

  • Wind power: Spanish renewable energy developer Acciona Energía will initiate construction of a wind power generation plant early next year in the northeastern state of Nuevo León, the company reported. The electricity plant is part of an investment program of close to US$1 billion intended to double the company’s current 1,000 Mw generation capacity in the country. (Reforma, July 30, 2018)
  • Food processing: Mexican industrial baking giant Grupo Bimbo is projecting capital investment of approximately US$800 million for 2018, the company reported. Resources will support expanding production capacity and improving the company’s product distribution network.  (El Financiero, July 30, 2018)
  • Electronics: German semiconductor maker Infineon plans to expand manufacturing capacity at its plant in the northern border city of Tijuana, the company reported. The US$40 million expansion will allow the facility to boost output of electronic components for use in the automotive, medical and other manufacturing industries. (Tecnoempresa, July 24, 2018)
  • Aerospace: U.S. aerospace components manufacturer Esterline Corp. announced it will expand one of its four plants in the northern border city of Tijuana. The US$15 million expansion will boost the company’s capacity to produce aerospace electronics and sensor equipment at the site. (Mexico Now, July 23, 2018)
  • Aviation: Mexican low-cost airline VivaAerobus reported plans to invest approximately US$2.5 billion in new aircraft to modernize its fleet. The program includes acquisition of 25 Airbus A321neo and upgrade of 16 A320neo to A321neo models. (Reforma, July 19, 2018) Continue reading Recent and upcoming investment in Mexico →

Recent and upcoming investment in Mexico

Energy, Investment, Manufacturing, , , , , , , , , , , , ,
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Information collected from media reports over the past month:

  • Food processing: Mexican beverage bottler Arca Continental reported plans to invest approximately US$210 million in Mexico operations during the current year. Areas earmarked for upgrades include new chilling equipment, production lines, transport equipment and information technologies. (El Financiero, April 28, 2017)
  • Solar power: The government of the western state of Jalisco initiated construction of a solar energy generation facility in conjunction with Mexican electrical engineering company Fortius Electromecánica, the state government reported. The projected    8 Mw capacity site will require an estimated US$22 million including a planned future expansion. (Manufactura, April 26, 2017)
  • Paper: Chilean-owned personal care tissue maker Absormex reported plans to invest US$25 million to expand Mexico manufacturing operations this year. Absormex products include bathroom tissue, diapers and sanitary napkins.  (Reforma, April 25, 2017)
  • Gas stations: Mexican fuel retailer Natgas is projecting it will open 32 new vehicular natural gas fueling stations by 2021. The cost of the expansion was not specified for the plans, which are intended to provide service to high volume users such as taxis, municipal transport systems and vehicle fleets in the country’s central Bajío region. (El Financiero, April 20. 2017)
  • Fuel transport: Mexican construction company Grupo Mexicano de Desarrollo (GMD) plans investment of US$50 million to expand its fuel transport and storage operations, the company reported. Projects are expected to include the construction of pipelines and storage tanks to support liquid fuel handling at port locations. (April 20, 2017) Continue reading Recent and upcoming investment in Mexico →

Recent and upcoming investment in Mexico

Energy, Investment, Manufacturing, , , , , , , , , ,
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Information collected from media reports over the past month:

  • Solar energy: British solar power developer Solarcentury plans to build two solar electricity generation plants in the western Mexican states of Jalisco and Nayarit, the company reported. The cost of the sites was not specified, but the firm reported a fund of approximately US$500 million earmarked to develop this type of project. (El Financiero, November 21, 2014)
  • Building materials: Chilean compressed wood materials manufacturer Masisa has initiated construction on a plant to produce medium density fiberboard (MDF) in the northern state of Durango. The US$132 million facility is projected to have output capacity of 7.8 million cubic feet of board per year. (Reforma, November 28, 2014)
  • Ports: Mexico’s Ministry of Communications and Transport (SCT) announced approximately US$1 billion in planned port investment in anticipation of new capacity demand generated by the administration’s energy reform. Ports at Matamoros, Ciudad del Carmen and Progreso, among others, will receive upgrades such as high-specification docking facilities to receive latest generation ships. (Mexican Business Web, November 24, 2014)
  • Waste management: Mexican waste management services provider Red Ambiental plans construction of a new operations base in the northeastern state of Nuevo León at a cost of approximately US$6 million. The site will provide maintenance services for the waste collection fleets and equipment of the city of Monterrey and three neighboring municipalities. (Reforma, November 18, 2014)
  • Automotive: Korean auto parts manufacturer Yura Corporation announced it will invest US$53 million to establish a production facility in the northern state of Coahuila. The plant, expected to produce electrical components for ignition systems, is targeted to begin operations in 2016. (Milenio, November 13, 2014) Continue reading Recent and upcoming investment in Mexico →