Mexico-based & global baking giant Grupo Bimbo announced the purchase of the multinational U.S.-based East Balt Bakeries for approximately U.S.$650 million by the end of 2017. The acquisition represents an expansion in eight new markets in Europe, Asia and Africa for the global baking company.
The global producer of solid sodium cyanide, The Chemours Company, which is a result of DuPont´s split, will invest approximately U.S.150 million in the construction of a new mining solutions plant in the Mexican State of Durango.
Torex Gold, Goldcorp and Fresnillo are some of the companies that are planning investments in Mexico for approximately U.S.$2.4 billion for gold projects. As a result of these investments, the mines of “Dolores de Pan American Silver”, “San Agustin de Argonaut Gold” and “La Yaki de Alamos Gold” will be expanded between 2017 and 2020.