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AB InBev’s subsidiary Grupo Modelo opens US$ 450 million brewery in Yucatan
Grupo Modelo, a subsidiary of Belgium-based AB InBev, opened today its eighth brewery in Mexico, after just 12 months of…
Cooper Standard’s net income up 33% during first quarter
Michigan-based Cooper Standard reported a strong net income of US$ 41.7 million, or US$ 2.20 per diluted share, during the…
Mexican auto exports rise 16% in April
Mexican auto production increased 3.2% to 278,173 vehicles in April, Mexican Auto Industry Association (AMIA) announced today. Exports hiked 16.1%…
Dana Inc. reports strong first quarter with sales of US$ 1.7 billion
Ohio-based axle and powertrain manufacturer Dana Inc.’s reported a strong first quarter with sales of US$ 1.70 billion, a 17%…
American Axle achieves record sales during first quarter
American Axle and Manufacturing Holdings Inc. (AAM) reported a record first quarter driven by sales volume, a strong product mix…
Koyo Joint starts steering shafts production in San Luis Potosi
Japan-based Koyo Machine Industries opened its new facility in San Luis Potosi where the company invested US$ 8 million to…
Certus Automotive opens US$ 22 million plant in Queretaro
Certus Automotive opened in recent days its first production facility in Queretaro to manufacture chrome plated plastic components for automotive…
GE Oil & Gas opens manufacturing plant in Guadalupe, Nuevo Leon
U.S.-based manufacturer General Electric (GE) opened in recent days a new production facility in Guadalupe, Nuevo Leon, to manufacture components…
Two new industrial parks launch operations in Guanajuato
Last week two industrial parks opened doors in the municipality of Apaseo el Grande, Guanajuato, where Toyota builds its manufacturing…
Air Canada, increasing connectivity for Mexican products
After more than nine months offering cargo trips to connect Toronto to Mexico City, Air Canada is now planning to…
UPS sees opportunities in the air cargo sector in Mexico
UPS highlights growth opportunities in Mexico, especially thanks to the Agreement on Air Transport between Mexico and US, which UPS…
ABB and IBM signed a technological agreement association
ABB—a Switzerland-based firm of technology solutions for the industry— has signed a collaboration agreement with IBM —a North American technology…
Turck upholds expansion in South Eastern Coahuila
In the face of the evolution of the statements by US President Donald Trump regarding the commercial relation with Mexico…
Akbal Motors ready to see the light
After seven years working out the idea, the Guanajuato-based project Akbal Motors is expecting to finish a prototype for an…
Foreign Commerce Chambers might collaborate to boost investment in Mexico
Foreign chambers of commerce are joining the agenda of the Mexican private initiative, presided by the Coordinating Entrepreneurial Council (CCE)…