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FCA plans to spin-off its Magneti Marielli subsidiary, which operates six plants in Mexico
Fiat Chrysler Automobiles (FCA) plans to spin-off Magneti Marelli, a subsidiary that manufactures lighting, engines, electronics, suspension and exhausts systems,…
Round 3.1 of Mexico’s oil tenders draws 30 companies to the table
The first tender for Mexico’s Round 3 for oil exploration and extraction in shallow waters has drawn the interest of 30…
Pennsylvania-based Brentwood Industries opens plant for medical supplies in Tijuana
Pennsylvania-based plastics manufacturer Brentwood Industries Inc. announced the opening of a “multi-million” medical manufacturing facility in Tijuana, Baja California. This…
Hofusan Park is going to have a second building
Hofusan industrial park, located in the municipality of Salinas Victoria, is allocating US$50 million to start its second industrial building…
Chetumal attracting interest from the industrial sector
The State government has secured projects to establish four companies in the Quintana Roo Industrial Park with Strategic Customs Post…
ArcelorMittal investing in Mexico
ArcelorMittal, the largest steel producer in the world, has not changed its plans to invest US$1 billion on a new…
Eight oil tenders to bring up to US$153 billion to Mexico
The Mexican government has negotiated investment projects valued at US$153 billion from companies in 20 countries with just eight oil…
Engie looking to double clients in Mexico in 5 years
Engie Energy Corporation is looking to have a million natural gas clients in Mexico by 2023, twice as many as…
One more Japanese company arriving in Leon
Japanese Company Atsumi is going to start producing high precision metal parts for the automotive industry in Leon, starting from…
Grupo PIASA inaugurates US$ 61 million biomass-based power plant in Oaxaca
Grupo PIASA, a company led by Arca Continental and other bottlers part of the Mexican Coca-Cola Industry, inaugurated in recent…
Germany-based ZF Group inaugurates US$ 17 million plant in Durango
Germany-based ZF Group inaugurated a new production facility in the municipality of Gomez Palacio, Durango, dedicated to the manufacture of…
Mexico’s auto production increases 6.2% in February; exports hike 11.2%
Light vehicle production in Mexico rose 6.2% annually in February, while exports grew 11.2%, the Mexican Association of the Automotive…
Sales from Magna International Mexican subsidiaries increase 7.5% in 2017
Canadian Tier 1 auto supplier Magna International Inc. posted 2017 results with records for sales, earnings per share, and operating…
Honda introduces affordable 7-passenger SUV to the Mexican market
Japanese automaker Honda has launched in the Mexican market a 7-passenger SUV for under 350,000 pesos or around US$ 18,920,…
Nissan builds NP300 Frontier variant for Renault at Cuernavaca plant
The Renault-Nissan-Mitsubishi alliance announced plans to speed up the convergence between the three companies on how they work in key…
