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US$100 million investment arriving to Bajio
Desarrollos Residenciales Turisticos (DRT) is planning an investment project valued at US$100 million to carry out its industrial division’s development…
Tata to hire 1,200 associates in Guadalajara
Tata Consultancy Services (TCS) a technology firm, is growing with local talent and is expecting to hire 1,200 employees in…
Pemex to restart operations at refinery in Tamaulipas by late March
Pemex expects to increase crude processing at its refineries to 900,000 barrels per day (bpd) in the second quarter of…
Employment in plants under Immex program increased 4.6% in November
Employment in establishments that participate in the Manufacturing Industry, Maquiladora and Export Services Program (Immex) reported an increase of 4.6%…
Shell takes nine of 19 blocks awarded in Mexico’s deep water tender
Royal Dutch Shell was the big winner of the Round 2 deep water tender organized by the Mexican government, taking…
Mexico’s GDP increased 2.3% in 2017, says preliminary report
Mexico’s Gross Domestic Product (GDP) increased 2.3% in 2017 compared to 2016, with seasonally adjusted figures, according to a preliminary…
Grupo Minsa sells US subsidiary in US$ 75 million deal
Bunge North America, the North American operating arm of Bunge Limited, announced that it has purchased Minsa Corporation, a wholly-owned…
Tender to connect Baja California to the National power grid attracts 45 companies
Mexico’s Secretariat of Energy (Sener) announced that the tender to build an electric transmission line to connect Baja California with…
Liquid fuel terminal in San Luis Potosi to supply the BajĂo region starting mid-2018
By mid-2018, a liquid fuels terminal developed by Kansas City Southern de Mexico, Watco and WTC Industrial, a Mexican consortium…
Mexican steel production up 6.2% in 2017
Mexican steel production in 2017 totaled 20 million metric tons (mt), up 6.2% compared to 2016. Such figure includes 500,000…
Mazda hits 700,000-unit production milestone at Guanajuato assembly plant
Four years after it started operations at the assembly plant in Salamanca, Guanajuato, Mazda Motor Corporation announced that it has…
BP planning to open 1,500 service stations in Mexico
Oil Company BP is planning to open, 3,000 gasoline stations during the 2017-2021 period, with 50% of them opening in…
US$25 million investment for automotive center in Queretaro
Queretaro is consolidating as a national leader regarding investment, technology and innovation, with the installation of the Automotive Center by…
KIA to increase production by 40% at its Mexican plant this year
Korean automaker KIA today announced that its assembly plant in Pesqueria, Nuevo Leon, will increase production by 40% this year,…
Eurotranciatura opens its second manufacturing plant in Queretaro
After more than 11 years of operations in Queretaro, Eurotranciatura Mexico, a manufacturer of electrical steel laminations, today opened its…