Mexico
For more information, contact Carlos Mortera (cmortera@AMTonline.org).
Allied Machinery, a Chinese company specializing in the manufacture of machined and iron-cast components for original equipment manufacturers (OEMs), has announced a $250 million investment for the construction of a new plant in Marin, Nuevo Leon.
Indian company Imperial Auto Fluid Transmission Products opened its first plant in Mexico and Latin America in Ramos Arizpe, Coahuila, with an investment exceeding $21 million.
EGO Electronic Components has inaugurated its first plant in Guanajuato, investing $20.1 million. This facility will focus on manufacturing electronic and mechatronic controls for household appliances and auto parts, including products such as gas controllers, power regulators, tubular resistors, and induction cooking systems.
Engel, a manufacturer of injection molding machines, has opened its first plant in Mexico with a total investment of $49 million. The facility aims to produce at least 200 units per year and plans to triple production in the next two years.
Xusheng Group has assigned a $260 million contract to its plant in Saltillo. Xusheng specializes in producing suspension, powertrain, and battery compartment parts made from aluminum and various alloys.
Continental Tires has commenced the expansion of its plant in San Luis Potosi by constructing a new 2,400-square-meter building. This project will incorporate advanced technology to optimize the production of key compounds used in tire manufacturing.
Daikin, a manufacturer of HVAC systems, has announced a $121 million investment to build a new plant in Tijuana, Mexico, dedicated to manufacturing custom HVAC equipment.
Taiwanese company EOI Electronics, which specializes in original LED components for automobiles and energy-saving lighting modules, plans to invest $70 million in Queretaro.
Neuce, a company focused on powder coating production, has announced a substantial investment of $600 million to establish a new plant in Tlaxcala, Mexico. This investment aims to meet the growing demand in sectors such as automotive, aluminum extrusion, and PVC, and others.
Brazil
For more information, contact Achilles Arbex (aarbex@AMTonline.org).
Stellantis plans to invest $6 billion in Brazil between 2025 and 2030. This investment will focus on developing and producing hybrid and electric vehicles, including flex-fuel models, and expanding its local supplier network.
In 2024, Brazil’s medical device exports exceeded $1 billion. The primary export destinations were the United States, Argentina, Mexico, Chile, and Colombia. Key products included orthopedic articles and devices, dental instruments, prosthetic devices, preparations containing therapeutic substances, medical and surgical instruments, and dental filling cements. The medical and hospital products segment constituted the largest share of export volume, accounting for 68.54% of total exports, with a value of $804.89 million in 2024 – an increase of nearly 32% compared to the previous year. The dental sector recorded exports of $135.97 million (up 11.7%), while laboratory product exports reached $123.93 million (up 15.1%), and rehabilitation products totaled $109.48 million (up 7.01%). Among the most exported medical devices in 2024 were heart valves, liquid distribution and dosing equipment, plastic bags and pouches for medical use, orthopedic articles and devices, and sterilized catgut sutures.
Seco Tools has nearly completed the renovation of its special tools factory in Sorocaba, Sao Paulo. The facility has received a substantial investment of $1.9 million in new CNC machines and state-of-the-art equipment. This includes two 5-axis machining centers equipped with an automatic pallet loading system and a 5-axis sharpening machine dedicated to tool reconditioning.
Bosch is investing $120 million in agribusiness to revolutionize the sector. By leveraging cutting-edge technology, the company aims to increase productivity, reduce emissions, and create a digital future for agriculture. Bosch intends to incorporate advanced technological solutions into the sector, thereby expanding its operations and establishing Brazil as a global leader in smart agriculture.
The federal government has announced an investment plan to promote the development of technologies vital to national sovereignty and defense, including rocket launchers, radars, and satellites. The total investment amounts to $20 billion, comprising $14 billion in public resources and $6 billion from the private sector. This plan includes the PAC Defesa initiative, which allocates over $5 billion to projects like the Gripen fighter, the KC-390 cargo plane, armored vehicles, frigates, and submarines. Mission 6 aims to strengthen the production chains for satellites, launch vehicles, and radars, which have been identified as priorities based on existing local capabilities, potential for high-tech exports, and the creation of skilled jobs.
Vale has announced a $12 billion investment by 2030 to expand iron and copper mining in Carajas, Para. This project includes operating existing mines, expanding current operations, and exploring new targets to enhance the processing of critical minerals used in the production of green steel (high-quality iron ore) and metals for energy transition (copper), both essential for reducing carbon emissions.
