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Lear Corp. posts record profit boosted by acquisitions, new US tax law
Automotive seating and electrical systems supplier Lear Corp. reported strong quarterly profit and record full year earnings led by higher…
Mazda tops EPA fuel economy list for fifth year in a row
Mazda Motor Corporation announced that the Light Duty Fuel Economy Trends Report, released by the U.S. Environmental Protection Agency (EPA)…
Japan-based Toray Industries opens US$ 80 million plant in Jalisco
Officials from Japan-based Toray Industries inaugurated a new plant in El Salto, Jalisco, to manufacture fabrics for automotive air bags,…
Mexican ports handle more than 6 million containers in a year for the first time
Mexican ports handled more than 6 million twenty-foot containers (TEU) in 2017, it is the first time such milestone is…
Mexican regulator confirms 26 bidders for next deepwater auction
Mexico’s National Hydrocarbons Commission (CNH) reported that 26 bidders will participate in the fourth auction of Round 2, which considers…
Plastic recycler specialized in automotive molders to open three facilities in Mexico
SPS Plastics LLC, a Maryland-based recycler specialized in processing scrap plastics from Tier 1 automotive molders, has plans to open…
Peugeot Mexico records sales increase
Vehicle brand Peugeot informed that its sales in Mexico recorded a 13% increase during 2017, which represents 8885 units sold…
Toray investing US$80 million in Jalisco
Japanese Firm Toray invested US$80 million on a new industrial building and is going to employ 173 associates. The plant…
Industry at Corredor de El Salto, Jalisco, investing US$350 million
Despite the uncertainty in the face of the North America Free Trade Agreement’s negotiations, members of the Corredor de El…
Mexichem purchases US firm
Chemical Corporation Mexichem announced that it is buying Sylvin Technologies, a firm dedicated to produce PVC composites, based in Denver,…
Clusters gamble on technological innovation
Industrial chambers in Tijuana and across the border have estimated growth over 2% in new employment in the mega-region, thanks…
Real-estate firm from Japan to invest US$200 million in the Bajio region
Japanese firm Daiwa House Industry is considering to invest around US$200 million over the next three to four years, mainly…
German automotive firm to establish US$ 62 million R&D center in Queretaro
A German company from the automotive sector plans to build a Research & Development center in Queretaro, representing an investment…
Spain-based energy company unveils photovoltaic project in Chihuahua
Officials from the Spanish company Uriel Renewables revealed before Chihuahua state authorities the photovoltaic project “San Jeronimo Solar” to generate…
Report: Ford plans new headquarters, R&D center in Mexico
Ford Mexico is looking to move its headquarters out of Mexico City, and the Naucalpan area of the State of Mexico can…
