Recent and upcoming investment in Mexico
Mexico Business Blog
by Tom
1y ago
Copper products: German metal products maker Wieland established a new manufacturing plant in the northern border city of Ciudad Juárez, Chihuahua state, local media reported. The US$1 million site is expected to produce copper and aluminum sheet, strip and foil for industries such as aerospace, electronics and energy, among others. (Mexico Industry, June 30, 2023 ..read more
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Recent and upcoming investment in Mexico
Mexico Business Blog
by Tom
1y ago
Industrial filtration: Finnish industrial filtration multinational Metso initiated construction of a new manufacturing plant in the central state of Guanajuato, the company reported.  The US$30 million facility is expected to produce high-quality polymer filter plates for mining filter presses, particularly for mining operations in the Americas. (International Mining, May 29, 2023) Automotive: Korean automotive technology ..read more
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Recent and upcoming investment in Mexico
Mexico Business Blog
by Tom
1y ago
• Graphics: U.S. industrial and commercial printing company Taylor inaugurated a new plant in the northeastern state of Nuevo León, the company reported. The US$50 million site will provide graphics processes such as flexography, silk screening, laser and digital for regional industries, particularly automotive. (Mexico Industry, April 27, 2023)• Personal care: British consumer goods multinational ..read more
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Recent and upcoming investment in Mexico
Mexico Business Blog
by Tom
1y ago
Electric vehicles: U.S. auto maker Tesla announced plans to establish a production plant in the northeastern state of Nuevo León. The facility, the cost of which was not specified, is expected to produce the company’s Model 2 electric automobile, local media reported. (Reforma, March 2, 2023) Steel: Canadian steel products maker Nova Steel inaugurated a ..read more
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Recent and upcoming investment in Mexico
Mexico Business Blog
by Tom
1y ago
Pharmaceutical: French pharmaceutical multinational Sanofi plans investment of approximately US$17.5 million in Mexico research and development during the current year, local media reported.  Resources are expected to support clinical studies and therapy development related to diabetes and heart disease, among other applications. (Reforma, February 28, 2023) Retail: Mexican diversified corporate group Fomento Económico Mexicano (FEMSA ..read more
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Recent and upcoming investment in Mexico
Mexico Business Blog
by Tom
1y ago
Electric vehicles: Evergo, subsidiary of U.S.-headquartered energy services multinational InterEnergy, announced plans to establish a network of electric vehicle charging stations in Mexico.  The US$200 million program, recently begun in Mexico City, is expected to include 4,000 chargers over the coming five years. (Forbes México, January 25, 2023) Marine: Canadian recreational vehicle manufacturer BRP will ..read more
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Recent and upcoming investment in Mexico
Mexico Business Blog
by Tom
1y ago
Fitness: The Mexican franchise operator of U.S.-based gym chain Anytime Fitness reported plans to establish 26 new Mexico locations in 2023 via investment of approximately US$9 million.  The company currently operates 71 locations in 26 Mexican states. (Reforma, December 22, 2022) Electricity: U.S. renewable energy developer Eurus Energy America inaugurated a new wind-powered electricity generation ..read more
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Recent and upcoming investment in Mexico
Mexico Business Blog
by Tom
1y ago
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 ..read more
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Recent and upcoming investment in Mexico
Mexico Business Blog
by Tom
1y ago
Steel: Mexican steel products maker Deacero reported plans to invest approximately US$600 million to expand operations through 2024. Resources will support acquisition of new machinery and equipment, improved sustainability practices and increased production capacity to serve increasing demand from “nearshoring” manufacturing operations in Mexico. (Reforma, September 26, 2022) Electrical: U.S. electrical products developer Panduit inaugurated ..read more
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Recent and upcoming investment in Mexico
Mexico Business Blog
by Tom
1y ago
Airports: Mexican airport operator Grupo Aeroportuario del Pacífico (GAP) initiated works to expand and upgrade the company’s international airport at the Pacific coast resort city of Puerto Vallarta. The US$350 million program will include a new passenger terminal, eight new telescopic jetways and emissions reducing technology, the company reported. (Reforma, August 30, 2022) Coatings: U.S. based PPG Industries, owner of Mexico’s Comex paint brand, announced plans to upgrade its production plant in the central state of Querétaro. The US$11 million improvement program is expected to double ou ..read more
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