Home Business Walmart announces new US$500 million distribution center in Guanajuato state

Walmart announces new US$500 million distribution center in Guanajuato state

by sanmigueltimes
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The Guanajuato distribution center will be able to serve more than 600 stores and clubs in eight states.

Walmart’s Mexican unit announced on Wednesday the construction of a new distribution center in Mexico, which will cost more than $500 million and have the capacity to serve more than 600 stores and clubs in eight states of the country.

The Walmart Mexico and Central America distribution center, which begins construction on Wednesday in Guanajuato, will have a robotic technology platform, powered by artificial intelligence, the company said in a statement.

According to a statement published on Tuesday, October 8th, the Walmart unit in Mexico will invest around 34.5 billion pesos (US$2.05 billion) in 2024, 19 percent more than the previous year.

45 percent of the investment will be allocated to remodeling and maintenance works of its existing stores, and another 29 percent will be invested in new openings and expansions.

The company’s supply chain will benefit from 15 percent of the investment, while the remaining 11 percent will be used to boost e-commerce and the implementation of new technologies.

The company’s CEO, Guilherme Loureiro, said last month that the company was in an optimal position to increase its presence in Mexico, after closing 2023 as the year of greatest expansion in the last decade.

San Miguel Times
Newsroom

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