Monterrey, NL. American Industries, specialized in the industrial real estate sector, announced its investment, expansion and development plan for 2023, with the objective of adding 140 hectares to its industrial land reserve in the north of the country, with an investment of 150 million dollars, which will be carried out in the next five years.
“In 2021 we started the development of American Industries Apodaca II, In front of our Dulces Nombres park and we have 67 hectares, we currently have two buildings and we are going to develop another two for clients in Nuevo León. It has been a very fast growth, a year to develop the park and another year to invest in industrial buildings”.
“In Chihuahua a industrial parkwhich is a part of the investment, and the other part for inventories, the investor wants to see buildings, others want Build to Suite (construction to measure)”, he commented to The EconomistPaulina González, Regional Director of American Industries.
According to data from the Ministry of Economy, until the fourth quarter of 2022, Mexico captured 35.292 million dollars of foreign direct investment (FDI), mainly in the north of the country, driven by the nearshoring phenomenon.
American Industries has been one of the private Mexican companies benefited from nearshoring, with a portfolio of more than 140 industrial properties throughout the Mexican Republic and a presence in 17 industrial parks in the areas with the highest demand.
In the last three years, one of the main factors for the growth of FDI in Mexico was the rupture of the supply chains of most of the American and European companies that previously started in Asia, and that due to the pandemic Due to Covid-19, the distance between the continents and the lack of control that was generated in Asian countries, made the industry rethink bringing its production chains closer to the place where the finished product is manufactured.
Also, the USMCA It will be one of the most important factors that will influence the arrival of more and new foreign companies to Mexican territory.
“Mexico has all the potential to become the new Hot Spot for the Industrial Real Estate sector and the investment center for the entire American continent.
For a couple of years, hundreds of companies from Asia have been seeking to establish themselves in Mexico, attracted by nearshoring, and we make it easier for them to establish and start operations,” said Liliana Hernández, general director for American Industries Group.
Last year the company built 10 Industrial Warehouses in six key regions for the automotive, aerospace, technological, logistics and manufacturing industries: Chihuahua, Ciudad Juárez, Apodaca, Guadalajara, León and Querétaro; adding a total of 1.3 million square feet (120,773 square meters), of which were placed for rent to foreign companies and nine industrial buildings for a total of 1.2 million square feet (111,483 square meters).
“With this investment, expansion and development plan, American Industries is getting ready to receive more foreign companies that are mainly looking for the proximity of available labor, specialized security and adequate infrastructure for the development of their operations”, added Aáron Gallo, Director of Real Estate for American Industries Group.
He explained that an important factor that Foreign investors is the availability of electricity, water and gas sufficient for its production process.
“That is why this year we will be mainly focused on the search for more sustainable energy and water consumption, as well as the construction of our industrial buildings with green certificationsmore attached to sustainability planning in all our processes in line with the international trend in ESG criteria”, highlighted Aaron Gallo.
