Uncategorize
Automotive commercial balance breaking record
The automotive industry hit a historic record during the first trimester of 2017, when a surplus commercial balance of US$16.01…
US$300 million to be invested in paper mill construction
Paper producer Grupo Gondi will invest at least US$300 million to build a new paper mill in Mexico, which is…
Interpuerto Monterrey will receive three investment projects
Interpuerto Monterrey industrial park will receive three new investment projects in the upcoming months, in addition to the eight entrepreneurial…
Investors interested in investing in Mexico’s infrastructure
Global investors are interested in participating in infrastructure projects in Mexico, says Chris Heathcote, CEO of the G20’s Center of…
Spain-based Soltec to supply trackers for solar plant in Guanajuato
Soltec, a Spain-based manufacturer and supplier of single-axis solar trackers, announced it will supply and install 8,256 units of its…
Nuevo León expects investment worth US$600 million
Companies from Asia are looking to install operations in Nuevo Leon, with FDI surpassing US$600 million and 22 companies arriving…
Sales of hybrid, electric vehicles grow at three-digit pace in Mexico
The Mexican Automotive Industry Association (AMIA) reported that 755 hybrid or electric vehicles were sold by auto dealers across the…
Premium bedding manufacturer MFI International opens plant in Chihuahua
MFI International, an El Paso-based contract manufacturer of premium bedding and home furnishing products, announced that its new facility located…
Cushman & Wakefield re-inaugurates office in Mexico City
Cushman & Wakefield Corporation has recently started the celebrations for its 25 anniversary in Mexico and 100 years worldwide, by…
Bancomext partners with Japan’s Mizuho bank to create line of credit
Banco de Comercio Exterior (Bancomext) announced it has signed a memorandum of understanding with Japan’s Mizuho bank for the creation…
APL Logistics reports strong results boosted by auto parts trade between Mexico, US
Singapore-based APL Logistics reported an operating profit of US$ 23.7 million in fiscal year 2016, ending March 31, boosted by…
PMP Auto sells its wiping systems business; deal includes a plant in Puebla
India-based automotive components manufacturer Pricol Ltd has agreed to acquire the wiping systems business of PMP Auto Components Pvt. Ltd….
Mexican automotive trade surplus up 9.8% during first quarter
During the first quarter of 2017 Mexican automotive trade surplus reached US$ 16 billion, a 9.8% increase compared to same…
Daimler vows to include more US content in cars
Daimler AG, the parent firm of Mercedes-Benz cars, announced its interest in adding more local content on the vehicles it…
Japanese automakers built 6.5 million cars in NAFTA region over a year
Japanese automakers produced almost 6.5 million vehicles in the NAFTA region during a twelve months period that ended in March…
