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Automotive sector gains terrain from total exports
The automotive industry in Mexico reached 34.3% of total manufacturing exports during the first bimester of 2017. This means that…
Velvac Holdings sold for US$ 39.5 million; deal includes a plant in Reynosa
Chicago private equity firm Prospect Partners announced it has completed the sale of Wisconsin-based Velvac Holdings Inc. to The Eastern…
Saudi Arabia analyzes the possibility of importing bovine meat from Mexico
Officers from the Saudi Food and Drugs Authority (SFDA) are currently evaluating the production system of Mexican bovine meat, with…
Cuba looking to increase commercial exchange with Mexico
Pedro Juan Nuñez, Cuban ambassador in Mexico, informed that the Cuban government is looking to increase the commercial exchange with…
Maquiladoras from the U.S. investing in Mexicali
Despite threats by President Trump, the U.S. capital present in Mexicali’s manufacturing industry, Baja California, is not relocating and new…
Giant Motors to open eight JAC agencies in Mexico
Giant Motors Latin America is going to open eight agencies of the Chinese brand JAC this year, mainly in Aguascalientes,…
Chinese firm choses to build a new plant in Indiana over expanding Mexican facility
BeijingWest Industries Co. Ltd. (BWI), a China-based brake and suspension manufacturer whose customers include Audi, BMW, GM and Porsche, will…
Mitsubishi Steel Manufacturing starts operations in Aguascalientes
Mitsubishi Steel Manufacturing (MSSC) started operations at a new production facility in Aguascalientes, where the company completed a US$ 20…
Slovenian firm TBP invests in Tlaxcala to supply bowden cables for Audi
After a US$ 3.5 million investment, Slovenian company Tovarna Bovdenov in Plastike (TBP) is set to start operations coming April…
Spain-based X-Elio FV to develop US$ 97.5 million solar plant in Northern Mexico
Mexico’s Energy Regulatory Commission (CRE) announced it has awarded Spain-based X-Elio FV a contract to develop a US$ 97.5 million…
Arizona-based Molded Devices acquires production facility in Piedras Negras
Arizona-based Molded Devices Inc. (MDI), a custom injection molder with facilities across North America, announced the acquisition of Hamar Enterprises,…
Turkey to negotiate with Mexico during LAAD
The Turkish defense industry will participate in LAAD (Latin America Aerospace and Defense, the most important fair in the region)….
Mexican Secretariat of Defense requesting new airplane to transport officers
The Mexican Secretariat of National Defense has requested through the Public Portfolio of Investment, an airplane that can be operated…
Aerospace industry looking for sustainability
With the objective of reducing Carbon (CO2) emissions in Mexico, Mexican companies of the aerospace industry such as Isa Ingenium,…
All Nipon Airways lands in Mexico
All Nipon Airways (ANA) started landing in Mexico City on a daily flight as of February. Hideki Kunugi, VP of…