Investment

AHMSA investing US$70 million on new electric plant
Altos Hornos de Mexico (AHMSA) is ready to invest US$70 million on the construction of a new natural gas-powered electric energy plant with a 100-megawatts capacity, said Luis Zamudio, General Director of the Company. The executive underscored that this new complex will be located in Monclova, Coahu...
AHMSA plans US$ 1 billion investment to supply steel for auto industry
Altos Hornos de Mexico, or AHMSA, the largest steel producer in Mexico, said it plans to invest about a billion dollars in the north region of the country over the next two years.  The investment will go to processing plants to increase tinplate production so the company will have a more aggressiv...
AHMSA seeks US$ 350 million investment to supply automotive industry
Mexican steelmaker Altos Hornos de Mexico (AHMSA) is seeking a US$ 350 million financing to buy new equipment in order to supply the automotive industry, officials told local media in recent days. AHMSA's CEO Alonso Ancira presented Austria-based OeKB Bank a proposal to buy the equipment and then s...
Air sector to grow threefold because of FDI modification
The Mexican Air industry is expected to grow to 2 or 3 times its current size, if FDI participation in the national air transport business, aero taxis and specialty air transport is expanded from a 25% to a 49% said Alfredo Rodriguez, President of the Transport Commission of the House of Representat...
Airbus to double investments in Mexico over the next six years
Over the next six years Airbus Group will double its investments in Mexico which currently is up to US$ 145 million, Strategic Director for Airbus North America, Marc Vibes, said during his speech at Mexico's Aerospace Summit, hosted by MexicoNow. The company operates a production plant in Quere...
AK Tube opens US$ 10 million plant in Queretaro
U.S.-based steel tube manufacturer AK Tube opened a US$ 10 million plant in Queretaro, its first facility abroad. The new site will manufacture tubes for exhaust systems aiming to supply the automotive industry located in the Northeast and Center regions of Mexico. Over the next three months the f...
AkzoNobel to invest more than US$14 million to expand its production
Chemical Corporation AkzoNobel is investing over US$14.6 million to expand its installed capacity and update its organic peroxides plant in Los Reyes, State of Mexico. Organic peroxides are essential ingredients for the production of a wide variety of plastics. The new investment implies building a ...
Alianza Derramadero Industrial Park competes with the Bajio for European investment
Alianza Derramadero Industrial Park, in Coahuila, is closing the year competing against the Bajio region to capture European investment in the automotive sector, which is expected to be completed in 2016. Arnoldo Saucedo Davila, Director of Governmental and Institutional Relations for Alianza, indic...
Alliance Air Products expands operations in Tijuana
Alliance Air Products LLC, a privately-owned manufacturer of custom commercial air handling units, packaged HVAC equipment and related products, has expanded its presence in Tijuana by occupying a new, built-to-suit 200,000 square foot facility in El Florido. The building was completed on December ...
Altesa, largest ice cream cone producer in Mexico, has a new owner
BoDeans Baking Group, owner of Altesa, the largest ice cream cone producer in Mexico, has been acquired by Joy Cone Co., a nearly 100-year-old ice cream cone maker. Financial terms of the transaction were not disclosed. Altesa operates a facility near Mexico City and is “well positioned for gro...
America's largest solar park opens in Coahuila
The Villanueva Solar Park, which was inaugurated in Coahuila by Enel Power Energy, has more than 2,300 million solar panels distributed over 3,000 hectares, thus becoming the largest solar park in America, and second in the world. With investment valued at US$650 million, the construction is now 80%...
American Axle acquires Metaldyne Performance for US$ 3.3 billion, three Mexican plants included
American Axle & Manufacturing Holdings, Inc. (AAM) and Metaldyne Performance Group Inc. (MPG) announced a definitive merger agreement under which AAM will acquire MPG for approximately US$ 1.6 billion in cash and stock, plus the assumption of US$ 1.7 billion in net debt, both companies revealed ...
American Chamber, has investment plans in Mexico
Monica Flores Barragan, President of the U.S. Chamber Commerce (AmCham) Mexico, assured that U.S. companies are not reducing the investment amounts, despite the re-negotiation of the NAFTA. Flores Barragan informed that the Chamber invested over US$4.6 billion during 2016 and moreover, the capital i...
American Tower's US$500 million purchase of optic fiber in Mexico, almost complete
American Tower is now close to completing the acquisition of the communications infrastructure for Mexican KIO Networks Corporation, in an agreement valued at roughly US$500 million. The agreement would give American Tower over 4,200 kilometers of optic fiber lines, which increases its capacity to h...
Amerigas plans investment valued at US$48 million
Amerigas is planning to start several investment projects, valued at US$48 million, to develop infrastructure for the import and distribution of fuels, said Gilberto Fanjon, Company Representative in the North zone. "The first distribution center will start in Ciudad Juarez, Chihuahua, with a US$13 ...
AOC plant to be installed in Tamaulipas
AOC's General Director, Miguel Angel Wheelock informed that a US$ 1.5 million investment for hydrogen production plants for the electric industry is being exerted, as these plants will be installed in Valle Hermoso, Tamaulipas. He underscored that the client they would be serving is located in this ...
APM Terminals opens first phase of US$ 900 million facility in Michoacan
A new docking facility operated by APM Terminals has officially opened at Lazaro Cardenas, Michoacan, on Mexico's Pacific Coast. The first phase of the US$ 900 million investment covers 120 acres and includes a quay of 750 meters connected to five rail tracks. On completion between 2027 and 2030, ...
ArcelorMittal investing in Mexico
ArcelorMittal, the largest steel producer in the world, has not changed its plans to invest US$1 billion on a new production line in Mexico. As much as 80% of the steel the Company produces in Mexico targets the local market, while the remaining 20% is exported to the US, Canada and other markets. T...
Assessing 6 investment projects for Juarez
The Secretariat of Innovation and Economic Development (SIDE) informed that there is ongoing analysis to bring more specialized manufacturing investment operations to town, as the labor force for intensive manufacturing is not viable here. The State has currently around six investors, however, both ...
Atlas Eolico Mexicano begins operations in its 1st stage
With a US$2 million investment, Mexico's Ministry of Energy (SENER) started operations of the first stage of the Atlas Eolico Mexicano, an information system that generates precise data of temperature and wind speed across Mexico. The first stage of the Wind Atlas is the installation and operation o...

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