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Uber announces US$ 380 million investment for Mexico
With the objective of growing to 500,000 associated drivers in Mexico by the end of 2018, the Uber technological platform…
Technological innovation consolidating Mexico in the agri-food sector
The agricultural technological innovation is the backbone to consolidate Mexico as an agri-food powerhouse and it represents a motor of change…
VEMOG to boost Guanajuato’s textile sector
The Guanajuato Center of Apparel and Fashion Intelligence, VEMOG, will rise the textile industry’s competitiveness. In this regard, Governor Marquez…
Midori Auto Leather investing US$28 in SLP
Japanese firm Midori Auto Leather exerted a US$ 28 million investment to set the first stone of its third plant…
Lear Mexico inaugurates plant in Zacatecas
With a US$ 22.5 million investment and the creation of over 1,400 jobs, the firm Lear Mexican Trim Operations inaugurated…
Global automotive mergers and acquisitions up 14% in first half of 2017
Global automotive mergers and acquisitions (M&A) activity increased 14.3% in value during the first half of 2017 to US$ 24.4…
BMW supplier Waldaschaff Automotive builds US$ 20 million plant in Guanajuato
German auto supplier Waldaschaff Automotive, which specializes in metal components and systems announced it will invest US$ 20 million to…
SigmaTron International sees earnings decline at the end of fiscal year
SigmaTron International, an electronic manufacturing services (EMS) company with operations in three Mexican cities saw revenues decrease to US$ 252.2…
Spain-based Ingeteam to build steel production line for Galvasid in Apodaca, NL
Electrical engineering and solutions supplier Ingeteam announced it was awarded a contract from Mexican steelmaker Galvasid to set up a…
Sumitomo Electric Bordnetze opens US$ 17 million plant in Puebla
German auto supplier Sumitomo Electric Bordnetze (SEBN), a subsidiary of Japan-based Sumitomo Electric Industries, opened earlier this week a production…
Spain-based BAS Projects to build 50 MW windfarm in Coahuila for Minera Autlan
Mexican mining company Minera Autlan, the country’s largest producer of ferroalloys, announced an agreement with Spain-based BAS Projects Corporation to…
Faurecia’s earnings hike 28% during first half of 2017
France-based global auto supplier Faurecia performed during the first half of 2017 a solid growth in value-added sales of 8.5%…
Martinrea invests US$ 35 million to expand capacity at Silao plant
Canadian manufacturer Martinrea inaugurated the expansion of its facility in Silao, Guanajuato, where the company invested US$ 35 million to…
Lear sales grow faster than worldwide auto production in second quarter 2017
Lear Corporation, the global supplier of automotive seating and electrical systems, reported record sales in the second quarter 2017 of…
There’s no plans to build next-gen Ford Fiesta in Mexico, company official says
According to Romanian auto news site 0-100.ro, the seventh generation of the Ford Fiesta will be manufactured exclusively at a…
