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Siemens looking to modernize Pemex
Siemens wants to become the primary provider of technology and industrial solutions in the Pemex’s modernization process, as part of…
FDI from Germany landing in strategic sectors
According to the Ministry of Economy, almost 1,900 companies in Mexico were set with German capital; according to the Mexican-German…
China anticipates more investment thanks to reforms
Zhu Qingqiao, General Director of the Latin and Caribbean Division of China’s Ministry of Foreign Relations, affirmed that investment in…
U.S.-Mexico CEO Dialogue moving towards commercial integration
After the eighth U.S.-Mexico CEO Dialogue meeting, the President of the National Council of the Maquiladora and Export Manufacturing Industry…
Agri-food industry, third largest exporter
Avocado sales grew by 52% from January to April 2017 and beer sales grew 28.7%, thus driving the Agri-food industry…
Startup uses bitcoins to transfer remittances from US to Mexico
Bridge21, a Denver-based remittance startup that uses bitcoins to conduct its cross-border payments, announced that it has added 38 new…
Mexico’s inflation reaches highest level in 8 years during May
Mexico’s annual inflation rate rose in May at its highest level since April 2009, according to official data. Prices hiked…
Forecast of space industry exports valued at US$12 billion
Plan de Orbita 2.0 is the strategic document of the aerospace sector that outlines the development route for sectors such…
Leoni to generate 3,000 jobs in Yucatan
The opening of the “Leoni” machining plant in Merida’s Periferico Oriente, will generate over 3,000 jobs, informed Luis Felipe Lopez…
Tucson-based manufacturer Walbro opens US$ 5 million expansion in Los Mochis
Tucson-based Walbro LLC conducted a US$ 5 million expansion of their North American manufacturing operations with the opening of a…
Hyundai will produce compact car Accent in Nuevo Leon
Hyundai automotive corporation will start the production of its Accent model at the KIA plant, in Pesqueria, Nuevo Leon, as…
Volvo wants to attract more Mexican providers
Volvo wants to add more Mexican providers to its production chain in North America, once the NAFTA renegotiation goes on…
Opportunity for development in Chiapas with SEZ
The Chiapas Government exposed the need to create a Regional Fund to address the needs of the Special Economic Zone…
Mexicana MRO Services signs deal to convert passenger aircrafts into freighters
Bedek Aviation Group, a subsidiary of Israel Aerospace Industries (IAI), announced it will open a facility in Mexico City to…
Prysmian Group opens Latin America’s largest optical fiber plant in Durango
Italy-based cable manufacturer Prysmian Group has officially opened its US$ 15 million optical fiber manufacturing plant in the state of…
