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NM inaugurates UTecS$2-million aerospace research center in Sonora
Mexico’s National Technological Institute (TecNM) recently inaugurated the first of three laboratories that will make up the Technological Research and…
Sonora to bump up aircraft production by the end of 2018
Sonora is one of Mexico’s states with the highest aerospace industry development. It has one of the leading aerospace manufacturing…
Mexico’s economic activity rebounds 0.4%
The Global Indicator of Economic Activity (IGAE) grew 0.4% in real terms in July of this year, compared to the…
Walmart Mexico purchases Cornershop for US$225 million
Walmart Mexico announced their decision to purchase Cornershop, a home delivery platform designed for supermarkets and pharmacies, for US$225 million….
Nuevo LeĂłn will promote the tooling industry
Currently the tooling industry represents a large area of opportunity for growth, so it is essential to unify efforts and…
Liquid sugar producer Sucroliq’s plant in Guanajuato embraces full automation
The Mexican liquid sugar producer Sucroliq’s plant in Irapuato, Guanajuato, is the only one of its kind, worldwide, to fully…
OECD lowers forecast for Mexico’s economic growth
The Organization for Economic Cooperation and Development (OECD) recently released a report in which they reduced its expectations for economic…
Viva Aerobus surpasses 100 routes in its network
Viva Aerobus announced three new services from Cancun International Airport (CUN) to the United States, Viva Aerobus will reach 101…
Pemex and Talos Energy sign plan to share oil fields
PetrĂłleros Mexicanos (Pemex) and the operator Talos Energy signed a unification agreement between the oil fields Amoca-Yaxche-03 and block 7….
Investment in the oil industry to grow 27%, says Citibanamex
The oil opening in the form of equity instead of debt will be equivalent to a 27% increase in the…
Sales of electrified vehicles doubled in Mexico during June
Last June, auto dealers in Mexico sold 1,591 new electrified vehicles, twice as much as the 791 units sold during…
Packaging solutions provider Transparent Container to open a new plant in Tijuana
Following the steps of long-time customers that began operations in Mexico, Transparent Container Co., Inc., an Illinois-based supplier of packaging…
Italian group Enel Green Power starts construction of US$ 115 million wind farm in Coahuila
The Italian developer of power infrastructure Enel Group announced that its renewable subsidiary Enel Green Power Mexico (EGPM) has begun…
New rules of origin will speed up automation, analysts say
Changes to rules of origin in North America will require for automotive suppliers to automate certain processes and adjust their…
Calsonic Kansei readies US$5.9 billion fund to bid for Magneti Marelli and its six plants in Mexico
Calsonic Kansei has gathered around US$5.9 billion in financing to fund its proposed acquisition of FCA’s unit Magneti Marelli, Reuters…
