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Canada's SICC to invest $2 billion in Mexico pharmaceuticals plant

Summary by The Globe & Mail
Deal announced as Mexican Economy Minister visited Canada on a two-day trade mission this week

9 Articles

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The economic rapprochement between Mexico and Canada, in order to gain resilience to the complex relations that both share with the United States, is beginning to be strengthened. As part of a Mexican trade mission in Canada, Solar International Core Canada and the Hidalgo government announced the construction of a plant of pharmaceutical ingredients active in the Mexican entity, with an investment of 2 billion dollars.

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Mexico City.- The Canadian Solar International Core Canada will invest $2 billion in the construction of a plant of active pharmaceutical ingredients in Hidalgo. As part of the commercial mission of Mexican companies to Canada, the announcement was declared by Babak Areppour, CEO of Solar International Core Canada, and Carlos Henkel, Secretary of Economic Development of Hidalgo. "The company detailed that it will allocate $70 million for the pur…

The company Solar International Core Canada (SICC) and the Hidalgo government announced in Toronto, Canada, the construction of a plant of pharmaceutical ingredients active in the territory of India, a project that provides an investment of 2 billion dollars. The Secretariat of Economy has emphasized that this investment represents one of the main results of the commercial mission led by the owner of the dependency, Marcelo Ebrard, in Canada. Th…

Solar International Core Canada, a company focused on the pharmaceutical industry, announced the construction of a plant in Mexico with an investment of US$2 billion.The plant of active pharmaceutical ingredients will be located in the state of Hidalgo, detailed by the Secretariat of Economy in a statement.The announcement was formalized in a memorandum of understanding between the CEO of SICC, Babak Areppour and Carlos Henkel, secretary of stat…

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diario.mx broke the news on Friday, May 8, 2026.
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