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Italy-based Enel breaks ground in Mexico for “largest solar plant in the Americas”
Italy-based Enel S.p.A. announced its Mexican renewable subsidiary Enel Green Power MĂ©xico (EGPM), has started breaking ground in the Northern…
Joint venture led by Carlos Slim introduces first two built-in-Mexico SUVs
Jianghai Automobile Company (JAC) introduced two SUVs built in Mexico by a joint venture where Carlos Slim’s financial company Inbursa…
Grupo Mexico’s transport division acquires Florida East Coast Railway for US$ 2.1 billion
GMĂ©xico Transportes S.A. de C.V. (GMXT), the transportation business unit of Grupo MĂ©xico, and the Florida East Coast Railway Holdings…
Mexico to lead AB InBev’s crusade for renewable energy
Anheuser-Busch InBev NV, the world’s biggest beer maker, announced plans to get all of its electricity from renewable sources by…
Palsgaard Mexican plant achieves CO2-neutrality
Danish emulsifier/stabilizer specialist Palsgaard announced it has become the first industrial company in Mexico to achieve CO2-neutrality at its plant,…
Spain-based automaker Seat plans to build cars in Mexico
Spain-based automaker Seat considers building cars in Mexico using facilities owned by Volkswagen, its parent company, company’s executives revealed in…
BRP, which operates three plants in Mexico, reports strong fourth quarter profits
Bombardier’s Recreational Products division BRP reported a stronger-than-expected fourth quarter which ended on January 31, 2017. The company obtained a…
IEnova builds US$ 115 million solar plant in Sonora to supply power for Deacero
Mexican energy infrastructure firm IEnova and steel manufacturer Deacero had signed a 20-year deal to supply the latter with renewable…
Italy-based Enel starts construction of wind farm in Coahuila
Enel Green Power MĂ©xico (EGPM), the Mexican renewables unit of energy giant Enel started the construction of a 200-MW wind…
KKR completes acquisition of Calsonic Kansei, five Mexican plants included
Investment firm KKR announced that it has completed its deal to acquire Japan-based auto supplier Calsonic Kansei Corporation, including the…
French firm Demotechnic builds interior components plant in Guanajuato
Demotechnic, a subsidiary of France-based Safe Group, started the construction of a plant in the state of Guanajuato. During its…
Spain-based Gestamp to enter stock market valued at US$ 3.8 billion
Spanish auto parts supplier Gestamp announced it would price its initial public offering (IPO) at 5.6 to 6.7 euros per…
The automotive sector has arrived in San Francisco del Rincon
Japanese corporation Yakazi, an automotive harnesses producer, opened recently new job vacancies for different areas of production in San Francisco…
ProMexico estimates investment worth US$14 billion in 2017
Mexico is expected to attract FDI investment valued at US$14.4 billion in 2017, said Paulo Carreño King, Director of ProMexico….
Brose is evaluating to build a new plant in Queretaro
German Company Brose, producer of automotive components, is currently evaluating to establish a fourth plant in Queretaro, their fifth in…
