Mexico to See Kickoffs for Auto Plants, Pipelines and Power Projects in Third-Quarter 2016

Researched by Industrial Info Resources (Sugar Land, Texas)--Led by a massive auto assembly plant in San Luis Potosi, Mexico could see kickoffs for up to $11.5 billion in capital projects in third-quarter 2016, according Industrial Info's Project Database. Kickoffs for Gas Pipelines and Power projects also figure prominently in the three-month period starting July 1.

Click on the image at right for a graph detailing planned third-quarter 2016 project kickoffs in Mexico by industry.

More than 86% of the total investment value--$9.9 billion--is tied to projects that are in the engineering phases. The remaining amount is connected to projects that are in the planning phases, where plenty of factors still could increase, decrease or totally eliminate the expected spending engineering or early construction.

The Industrial Manufacturing sector accounts for nearly $4.3 billion of the projects value. Ford Motor Company's (NYSE:F) (Dearborn, Michigan) automotive assembly plant in San Luis Potosi has a total investment value of $1.2 billion. To be built on Ford's existing complex site, the plant will manufacture Ford Focus and C-Max cars. Plant completion is expected in first-quarter 2018. Ford said in April the small-car plant will create 2,800 direct jobs by 2020. For more information on the project see Industrial Info's project report.

Oil and gas pipeline kickoffs account for roughly $3.4 billion. Part of a larger project, state-owned CFE Comision Federal de Electricidad's (CFE) (Mexico City) Laguna--Aguascalientes Natural Gas Natural Pipeline is valued at $1 billion. It includes installing 600 kilometers of 42-inch diameter pipe to move up to 1,000 million standard cubic feet per day of natural gas from the planned El Encino-La Laguna Natural Gas pipeline to the planned Villa de Reyes-Aguascalientes-Guadalajara project. The natural gas will supply power plants in supply CFE's Power stations in Durango, Zacatecas and Aguascalientes. For more information on the project, see Industrial Info's project report.

The Power Industry comes in third place with as much as $2.6 billion in project kickoffs for the third quarter. The biggest price tag belongs to Mexichem SAB de CV's (Mexico City) $650 million Cactus Combined-Cycle Cogeneration Plant, to be built in Villahermosa, Tabasco. The 520-megawatt (MW) facility will include three 130-MW combustion turbine generator sets and one 130-MW steam turbine to produce 500 tons/hour of steam and electricity for nearby industrial facilities. Completion is set for the end of 2018. For more information on the project, see Industrial Info's project report.

The remaining seven highest-value projects set to kick off in Mexico are:

• $635 million: CFE's Jalitpan-Salina Cruz Grassroot Natural Gas Pipeline in Veracruz
  For more information on the project, see Industrial Info's project report.
• $585 million: Mexico City's Subway Line 1 Equipment Addition
  For more information on the project, see Industrial Info's project report.
• $500 million: Transportadora de Gas Natural de la Huasteca S de RL de CV's Tuxpan-To-Tula Grassroot Natural Gas Pipeline in Veracruz
  For more information on the project, see Industrial Info's project report.
• $450 million: CFE's Lazaro Cardenas--Acapulco Natural Gas Pipeline, Michiocan
  For more information on the project, see Industrial Info's project report.
• $400 million: Iberdrola Mexico SA de CV's 850-MW Natural Gas-Fired Noreste Combined Cycle Power Station in General Escobedo, Nuevo Leon
  For more information on the project, see Industrial Info's project report.
• $400 million: Ford Motor Company's Automobile Assembly Plant Equipment Addition, San Luis Potosi
  For more information on the project, see Industrial Info's project report.
• $357 million: Odyssey Marine Exploration Incorporated's Don Diego Seafloor Phosphate Sand Mine, Ulloa Bay
  For more information on the project, see Industrial Info's project report.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.