Investment

El Paso-based Mount Franklin Foods acquires candy making facility
Mount Franklin Foods, a leading North American manufacturer of high-quality candy and nut products, acquired its first candy making facility in the United States from Au’some Candy Co. The plant is located in Sumter County, South Carolina. Financial terms of the transaction were not disclosed. Th...
Empaques NOVA opens a new plant in Yucatan
With a US$1 billion investment, the Mexican Packaging Company Empaques NOVA inaugurated a new plant to manufacture paper in Uman, Yucatan. This production unit that has recently started operations, is going to support approximately 250 direct jobs; it is equipped with a paper mill and other machines...
Employment growing more outside Guadalajara's metropolitan zone
Job generation in the inland regions of the State of Jalisco, which has been increasing, will be reinforced through the development of a network of regional industrial parks, as an incentive for national and foreign enterprises to establish their production plants out of Guadalajara's metropolitan z...
Enel Green Power breaks ground for US$ 220 million solar plant in Guanajuato
Italy-based multinational energy company Enel, through its Mexican renewable energy subsidiary Enel Green Power México (EGPM), has begun construction of Don Jose solar photovoltaic (PV) plant, which is located in San Luis de la Paz, in the country’s North-Central state of Guanajuato.  “Today...
Energy sector boosting the real estate sectors
Companies from the real estate sector are expecting a second wave of investment in the industrial, commercial and residential segments in Nuevo Leon, derived from projects related to the energy which will be landing in the State over the next three years. Sergio Resendez, General Director of the r...
Energy sector investment peaking at $US100 billion
Mexico has now over 26 new gas service station brands, other than Pemex, as a result of the opening of this sector after three and a half years since the enactment of the energy reform, underscored the head of the Ministry of Energy (SENER), Pedro Joaquin Coldwell.  Total from France, Chevron, BP, ...
Engie looking to double clients in Mexico in 5 years
Engie Energy Corporation is looking to have a million natural gas clients in Mexico by 2023, twice as many as its current number of customers. Fernando Tovar, Director of this French Firm, underscored that they are looking to expand their client portfolio by adding new cities into their network, as ...
Entrepreneurs investing US$31 billion in Mexico
Mexican entrepreneurs are investing US$31.43 billion this 2017, employing 1.37 million Mexicans. This investment represents a huge effort equivalent to over one half of the investment prospected from the energy reform in its three first years. Despite the uncertainty in the Mexican economy, we see t...
Equity fund buys International Textile Group, two Mexican plants included
International Textile Group, Inc. (ITG) announced that it has been acquired by Platinum Equity through a completed merger with an affiliate of Platinum Equity, the company revealed in a press release.   In the merger transaction, a newly formed Platinum Equity affiliate merged with and into ITG,...
ESON injecting US$15 million
ESON Precision Engineering will invest US$ 15 million in Tijuana during 2017, which will be used for a plant expansion and growth projects involving high technology, which will require specialized jobs, informed the General Manager of the company, J.C. Chang. In the Tijuana operation, located at La ...
Exedy-Dynax puts trust in Aguascalientes
One more company consolidating its growth in the State. With the presence of top executives, the Japan consul in Aguascalientes and State authorities; the Secretary Economic Development, Alberto Aldape Barrios, presided over the plate's unveiling and ribbon-cut ceremony of the Exedy-Dinax Mexico's p...
Expansion to Chihuahua's airport has started
Porfirio Gonzalez, General Director of the Center North Airport Group (OMA) Council, announced a US$26.5 million investment, to expand and remodel the terminal building, as well as rebuilding the secondary track of “General Roberto Fierro Villalobos” Airport. The Airport's surface will grow by 6...
Experts Predict Boom in Mexico’s New Special Economic Zones
Mexican and foreign companies have shown interest in investing as much as US$41.5 million in five cities that would be designated as special economic zones within the next five years, Director in charge of SEZs Gerardo Gutiérrez Candiani, said. Investors have shown most interest in Lazaro Cardenas,...
Exxon to open 35 gas stations in San Luis Potosi
ExxonMobil is going to open 35 gas stations of its brand Mobil in San Luis Potosi during 2018, as part of its expansion strategy in Mexico, said Carlos Rivas, General Director of the fuel division in Mexico. The executive underscored that the firm is creating this new network together with Combured,...
FAMEX 2017, a track to land business
“The 2017 Mexico's Aerospace Fair (FAMEX) is made for companies from this industry to boost their business”, declared General Rodolfo Rodriguez Quezada, President of the organizing committee.  The FAMEX 2017 will be held from April 26th through 29th; the industry, authorities, international org...
FDI in Nuevo Leon adds up to US$ 1.6 billion during the first semester
The Ministry of Economy and Labor in the State (Sedet) pointed out that 38 investment agreements with foreign companies were finalized during the first semester this year, valued at US$1.6 billion, to become installed in the State or expanding operations. These projects would generate 5,525 direct j...
February 27th, grand opening of the Heineken plant in Chihuahua
Cuauhtemoc Moctezuma Heineken is going to inaugurate this Februaty 27th 2018 its new plant in Meoqui, Chihuahua, which was built on a US$409 million investment. This beer factory is going to have a capacity of 5 million hectoliters, expandable up to 10 million to address the demand for products in M...
FEMSA acquires Brazilian bottler Vonpar for US$ 1.02 billion
Coca-Cola Company is furthering its reach in Brazil through an acquisition via a business unit based in Mexico. Coca-Cola FEMSA S.A.B de C.V. (KOF), 28.1% owned by The Coca-Cola Company, is a Mexican multinational beverage company headquartered in Mexico City. It distributes approximately 10% of ...
Ferrero increasing its Mexico production by 50%
Grupo Ferrero, the Italian multinational confectionery firm, wants to increase by 50% its production in Mexico over the next five years, thanks to the Research and Development center inaugurated by the company last October in San Jose Iturbide, Guanajuato. The company produces nearly 30,000 tons of ...
Ferromex doubles safety investment
Ferromex invested US$ 21 million during the first six months of the present year on police and surveillance, which means a 100.35% difference from the US$ 84 million used for this department last year. Furthermore, the last quarter of 2016, the railroad carrier recorded escalating numbers of robbery...

Login to Digital Content

Subscribe to our Newsletter Bulletin