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La Moderna doubles its production capacity
Rodolfo Espinoza Barrientos, General Director, stated that the transfer of the Ramos Arizpe project “…started in 2015 with one line,…
Mexico’s FDI hikes 19.6% to an all-time quarterly record
Mexico attracted US$ 9.52 billion of Foreign Direct Investment (FDI) in the first quarter of 2018, an increase of 19.6%…
CEMEX invests in Mexican startup that collects data to enhance safety at construction sites
CEMEX Ventures announced that it invested an undisclosed amount of capital in PRYSMEX, a Mexico-based startup that offers a solution…
Carbures signs deal to build seven testing lines for steering systems in Queretaro
Carbures, a Spain-based designer of engineering solutions, announced it has signed a EUR 1.6 million (about US$ 1.88 million) contract…
Pan American Energy gets approval for US$ 2.5 billion drilling plan in the Gulf of Mexico
Hokchi Energy, a Mexican subsidiary of oil and gas company Pan American Energy LLC, reported that the National Hydrocarbons Commission…
Swiss logistics provider Panalpina adds Queretaro airport to its charter network
Panalpina, a Swiss provider of forwarding and logistics services, announced it has added the Queretaro International Airport (QRO) in Mexico…
Missouri-based equity fund acquires electronics manufacturing plant in Ciudad Juarez
Minnesota-based electronic manufacturing services (EMS) provider, Logic PD, announced it has recently been acquired by Compass Group Equity Partners, a…
Grupo Traxion acquires parcel firm
Grupo Traxion, which had five companies from the cargo segment already, as well as one company dedicated to move passengers…
Turbosine in Mexico, on track towards opening
After 39 years with Airports and Auxiliary Services (ASA) managing the jet fuel supply, storage and transport operations through its…
Midstream prompts logistic partnerships in Mexico
As part of the US$300 million investment announced by ExxonMobil in 2017, the Company reported advance in its strategy of…
Schneider Electric Solar Park in Nuevo Leon started operations
Schneider Electric, an energy management specialty company, inaugurated its Solar Park in Monterrey, Nuevo Leon, with the aim of promoting…
Tunisian cable manufacturer COFICAB targets Ciudad Juarez to set up its third plant in Mexico
Four years after establishing operations in Mexico, Tunisian cable and wire manufacturer COFICAB Group will invest US$ 50 million to…
KIA celebrates two years building cars in Nuevo Leon
Korean automaker KIA Motors recently completed two years manufacturing cars in Mexico with an accumulated production of 417,000 vehicles at…
Mexico’s central bank leaves policy rate unchanged at 7.5%
By unanimous vote, the Governing Board of the Bank of Mexico on Thursday maintained its benchmark interest rate unchanged, currently…
Wittmann Battenfeld expands facility in Queretaro to keep up with growth rates ‘above 20%’
Wittmann Battenfeld GmbH, an Austrian manufacturer of injection molding machines and automated solutions, is increasing floor space by a third…
