The expansion of U.S. and other international businesses into Mexico continued its rapid pace in the fourth quarter of 2007 and first and second quarters of 2008, including moves by:

  • Honda Aircraft Company, Inc. (Greensboro, NC; light aircraft), which opened a retail sales and service outlet at Mexico City’s Toluca International Airport for HondaJet light aircraft through a joint venture with Servicios Aéreos Estrella, S.A. de C.V. (Press release here);
  • Aquentium, Inc. (Palm Springs, CA; food safety, low income & disaster relief housing, energy, automotive and recycling), which formed a Mexican subsidiary, Aquentium de Mexico, S.A. de C.V. to provide low-cost and prefabricated housing (Press release here);
  • Tata Consultancy Services (India; information technology), which expanded its Global Delivery Center in Guadalajara to provide IT consulting services (Press release here);
  • GW Plastics (Bethel, VT; plastics), which expanded its Querétaro Mexico plant (Press release here);
  • InterContinental Hotels Group, which opened its first Hotel Indigo brand hotel in a historic 100-year old hacienda in Merida (a second hotel will open in Mexico City in 2009);
  • Wendy’s International, Inc. (Dublin, OH; burgers), which entered into two development agreements with two franchisees to open more than 60 Wendy’s restaurants in Monterrey and Mexico City (the existing Wendy’s Mexican franchisee, Wenco-Mexico, S.A., currently operates 12 restaurants in the northern Mexico cities of Ciudad Juarez and Chihuahua) (Press release here); and
  • BIAS Corporation (Atlanta, GA; Oracle systems integration and resale), which opened a Mexico city office to provide consulting service, IT staffing, and Oracle software sales.