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PIRELLI to invest US$15 million in Silao

SILAO, GTO – Pirelli, the Italian Tier 1 tire supplier, announced a new investment of US$15 million for a period…

Vesta to invest US$101 million in Baja California

TIJUANA, BC – The developer, Vesta Real Estate, will invest US$101 million in Tijuana, Baja California to begin construction of…

Grupo Infra inaugurates new plant in SLP

SAN LUIS POTOSI – Cryoinfra, Grupo Infra’s industrial gases division, inaugurated its new cryogenic plant in San Luis Potosi, with…

MICHELIN invests US$400 million in Leon, Guanajuato

LEON, GTO – The Governor of Guanajuato, Diego Sinhue Rodriguez Vallejo led the start-up of Phase 2 of the Michelin…

NOVARES inaugurates new plant in Sonora

NOGALES, SON – French supplier Grupo Novares inaugurated its US$1.75 million plant in Santa Ana, Sonora to manufacture automotive plastic…

Nuevo Leon seeks to be Tesla’s ally

AUSTIN, TX – The governor of Nuevo Leon, Samuel Garcia Sepulveda, made a working tour in the state of Texas,…

Mondelēz acquires Ricolino for US$1.3 billion

MEXICO – Chocolate and candy maker Mondelēz International said it agreed to acquire Ricolino, from Mexico’s Grupo Bimbo, for approximately…

Constellation Brands to invest US$1.3 billion in Veracruz

VERACRUZ – Constellation Brands is preparing its plant in Veracruz. The company reported that it will invest US$1.3 billion in…

Kohler builds its fourth plant in Nuevo Leon

NUEVO LEON – With an investment of US$200 million, the U.S. company Kohler, leader in faucets and accessories for bathrooms…

LG Magna e-Powertrain inaugurates plant in Coahuila

RAMOS ARIZPE, COAH – LG Magna e-Powertrain, a joint venture between LG Electronics (LG) and Magna International Inc. (Magna), celebrated…

Electricity reform halted

MEXICO – After more than 13 hours of discussion, opposition deputies prevented Andres Manuel Lopez Obrador’s electricity reform from being…

OMA to invest US$356 million in Monterrey

MONTERREY, NL – Grupo Aeroportuario Centro Norte (OMA) announced an investment of US$356 million over the 2021-2026 period to develop…

ABC Technologies expands its plant in Ramos Arizpe

RAMOS ARIZPE, COAH – The ABC Technologies Ramos Arizpe plant announced its expansion with an investment of more than US$40…

DiDi to invest US$149 million in Mexico

MEXICO – On-demand transportation platform DiDi will invest US$149 million in Mexico during 2022, said Juan Andres Panama, DiDi’s General…

Electricity reform could affect investment potential in Mexico

MEXICO – After President Andrés Manuel Lopez Obrador received U.S. Special Climate Envoy John Kerry, the U.S. Embassy in Mexico…

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