Uncategorize
Canada auto sales up 6.3% in October, in track for a record-setting year
Auto sales in Canada totaled 164,200 vehicles in October, a 6.3% increase from the same month last year, on track…
Cummins net income up 56% amid increased demand of trucks, construction equipment
Cummins Inc. reported earnings of US$ 2.71 per share in the third quarter of 2017, was up from US$ 2.02,…
Eaton Corp. earnings up 9% boosted in part by a strong heavy truck market
Power management company Eaton Corporation improved third-quarter revenue and earnings, boosted in part by the strength of the Class 8…
Despite strong demand for pickups, US auto sales fall 1.3% in October
Despite a strong demand for pickups, U.S. auto sales fell 1.3% in October to 1.35 million light vehicles and trucks,…
Unconcerned by NAFTA collapse, aerospace companies in Mexico see other issues ahead
Aerospace companies with manufacturing operations in Mexico are not likely to leave the country if NAFTA comes to an end,…
New acquisitions boost Cementos de Chihuahua earnings at double-digit pace
Grupo Cementos de Chihuahua (GCC) reported double-digit increases in sales and EBITDA in the third quarter of 2017 as result…
Owens-Illinois upgrades Coahuila facility to be âthe most modern glass container factory in the worldâ
Owens-Illinois, Inc., the worldâs largest glass container manufacturer, announced it has expanded its 50-50 joint venture with Constellation Brands in…
Ternium Mexico vice president appointed as the companyâs next CEO
Ternium S.A. announced that its Board of Directors has appointed Maximo Vedoya, Ternium Mexicoâs Executive Vice President, to succeed Daniel…
Valeo completes acquisition of FTE Automotive, deal includes a plant in Puebla
French auto supplier Valeo announced it has completed the acquisition of FTE Automotive, a Germany-based developer and manufacturer of drivetrain…
Global Power Equipment completes sale of production site in Nuevo Leon
Global Power Equipment Group Inc. today announced that it completed the sale of its facility in Nuevo Leon, Mexico, and…
TransAct Energy secures land for waste optimization plant in Jalisco
TransAct Energy Corp announced today it has signed a conditional purchase agreement for an 18.4-hectare greenfield located in the industrial…
NEO Tech: second plant in Juarez is now fully operational
California-based electronic manufacturing services (EMS) supplier NEO Tech today announced that its second Agave manufacturing site, located in Juarez, Chihuahua,…
Chevron planning to import and distribute fuel in Mexico
US Company Chevron expects to have the necessary infrastructure to import, store and distribute the fuel it refines, within a term…
Projects by GM to create more employment
The production increase of the new Equinox, that has the General Motors Ramos Arizpe complex working 10 hour shifts six…
Kitagawa inaugurates new plant in Aguascalientes
With accumulated investment surpassing US$120 million since its arrival in Aguascalientes, Kitagawa Mexico Corporation, specialized in auto parts forging and…
