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Delta completes acquisition of additional shares from Aeroméxico
Delta Air Lines announced the successful completion of its cash tender offer that commenced on February 13, 2017 through the…
Samsung not closing plant in Queretaro
The Secretary of Sustainable Development, Marco del Prete Tercero, said that the information posted by The Wall Street Journal, regarding…
Schaeffler Group’s automotive division reports revenue growth of 6%
German auto parts supplier Schaeffler expects to increase sales this year after posting higher revenue and profit in 2016 and…
Mexican military courts San Antonio aerospace sector, manufacturers
Mexico is seeking to strengthen its business ties with its counterparts in San Antonio. Mexican Air Force Group Gen. Rodolfo…
Bombardier finds opportunity in Mexico
Bombardier will continue gambling in Mexico, as there is plenty of potential to maintain its sales rates here, despite the…
Shimtech to manufacture components for Boeing in Sonora
Shimtech Industries Limited, the English manufacturer of airplane components, announced the opening of a new plant in Hermosillo, Sonora, to make…
Mexico’s aerospace cluster prepares for Trump’s changes
Chihuahua’s manufacturing sector has prospered under the 23-year-old NAFTA. The vision is to develop a self-contained aircraft supply chain, with…
San Luis Potosi seeking investment in Asia
The San Luis Potosi Government is looking to attract new automotive investment from Asia to offset the cancellation of the…
Samsung discontinues production in Mexico
Samsung is planning to expand their production plants in the U.S. and is relocating part of its Mexico manufacturing operations…
Da Vinci Capital ventures into the metal tubes sector
The investment fund Da Vinci Capital invested in the firm Catusa, a manufacturer of metallic components, including tubes, structures and…
Toray to double carbon fiber capacity at Jalisco plant
Japan-based Toray, the world’s largest carbon fibres producer, is integrating Toray Carbon Fibers America and Toray Composites, thereby combining the…
Exports from Mexico to Canada total US$1.41 billion
The Mexico-Canada commercial balance stayed favorable for Mexico in January 2017 with US$1.41 billion, as products’ exports peaked at US$1.84…
VW Production grows by 17%, exports 14.6% up
The Mexican Association of the Automotive Industry (AMIA) informed that Volkswagen Puebla, assembled 69,494 units during the January-February 2017 period,…
Mexico looking to expedite free trade with Brazil
The Sub-Secretary of Foreign Commerce, Juan Carlos Baker Pineda, affirmed that Mexico is looking to arrange a modification to the…
USAT Logistics selects Guanajuato to establish Mexican subsidiary
Arkansas-based USAT Logistics, a division of USA Truck Inc., has expanded its portfolio of logistics solutions with the establishment of…
