Mexico
For more information, contact Carlos Mortera (cmortera@AMTonline.org).
Mexican manufacturing reported a 9% annual increase in exports in August, totaling $51.7 billion, solidifying its role as a key driver of foreign trade. Total exports grew 7.4% to $55.7 billion, primarily driven by the non-oil sector (8.9% increase).
U.S.-based CloudHQ has unveiled one of Mexico's most significant tech infrastructure investments: It plans to build a $4.8 billion hyperscale data center campus in Queretaro.
Mubea announced a new $60 million plant in Guanajuato to manufacture steel tubes for the automotive industry. The plant will generate over 300 new jobs.
Hella announced a new $15.4 million plant, also in Guanajuato, focused on producing body control units, electronic power steering systems, and other automotive components.
GE Aerospace will invest $30 million in Hermosillo and Saltillo, strengthening the manufacturing of aeronautical engines and components with advanced technology and precision tooling.
Steelform, a Swiss-American supplier to the automotive industry, has begun construction on a $60 million plant that will produce stamped metal components such as speaker frames, mufflers, bumpers, and advanced high-strength steel and dual-phase parts for car seats and chassis.
Siemens allocated an additional $7.1 million to expand molding and low-voltage operations in Nuevo Leon, bringing its investment to $75 million. In Queretaro, the company will bolster its Balvanera and Kaizen operations with a $42.8 million investment, bringing the total to $108 million.
FINSA announced a major $220 million renovation of the Monterrey Garcia Industrial Park in Nuevo Leon. Covering 92 hectares and 17 industrial warehouses, the park aims to attract 25 companies, generate 14,000 direct jobs, and consolidate clean and sustainable industries in the region.
LG Innotek will set up a new $190 million production center in Queretaro, as confirmed in a press release by the Queretaro state government. The Korean manufacturer will produce cameras, LEDs, motors, and automotive components at this plant.
Brazil
For more information, contact Achilles Arbex (aarbex@AMTonline.org).
WEG announced an investment plan to be executed by 2028. The company will allocate $220 million to expand its product portfolio and increase WEG Energia's production capacity. The plan includes a new $180 million manufacturing site and a $32 million expansion of operations in Jaragua do Sul, Santa Catarina. The latest site will produce large-scale equipment, including synchronous condensers up to 330 MVAr, turbogenerators up to 200 MVA, and high-speed induction motors.This will expand the scope of services for motors, generators, and hydraulic turbines up to 300 MVA.
Moto Honda da Amazonia, Honda's Brazilian motorcycle and power product subsidiary, will allocate an additional $325 million to its Manaus plant over the next four years (2026-2029) to meet growing demand in Brazil's motorcycle market.
Frasle Mobility will invest over $15 million at its Caxias do Sul plant in Rio Grande do Sul to upgrade technology and expand production capacity. The company also plans to purchase equipment and adopt new technologies for one of its main commercial-vehicle brake pad production lines.
Verallia will invest $145 million in its first sustainable furnace. The new furnace features the latest generation of production systems, ultimately doubling the production capacity of its Rio Grande do Sul plant – from 600,000 to 1.3 million packaging units per day.
Chinese auto manufacturer BYD inaugurated what it describes as its largest electric vehicle plant outside Asia on Thursday. This highlights Brazil's bid to lead South America's shift toward clean mobility while drawing renewed scrutiny to Beijing's expanding industrial footprint.
To learn how to take advantage of Brazil's opportunities, please contact Achilles Arbex at aarbex@AMTonline.org.
For more information on taking advantage of Mexico's opportunities, please contact Carlos Mortera at cmortera@AMTonline.org or click here.
