Uncategorize
Arrival of 50 suppliers is expected with new Toyota plant
With the Toyota Motor Manufacturing Guanajuato (TMMGT) plant set up, the arrival of roughly 50 supply companies is expected, to…
Kurtz Ersa Corp opens technology center in Guadalajara
Electronics, Moulding and Metal solutions provider Kurtz Ersa Corp. expanded its presence in Mexico with the addition of a new…
Investment firm buys Nissan’s stake in Calsonic Kansei, which owns 5 Mexican plants
U.S.-based global investment firm KKR announced it will buy Nissan Motor’s stake in Calsonic Kansei Corp., its biggest supplier, for…
Koch Industries acquires injection molder SRG Global, one Irapuato plant included
A subsidiary of Koch Industries Inc. is buying Guardian Industries Corp., the parent company of injection molder SRG Global Inc….
Nucor-JFE Steel Mexico to supply galvanized strips to automotive industry
SMS Group was awarded an order to supply a continuous hot-dip galvanizing line and a recoiling line for a new…
Volkswagen plans to build electric vehicles in North America
As part of its vision for 2025, Volkswagen announced an aggressive plan to triple its profit margin to 6 percent, while…
Voestalpine invests in Mexico to fulfill US$ 600 million order
Austrian speciality steel producer Voestalpine has received an order worth almost US$ 600 million in the automotive sector from a…
Built-in-Mexico Nissan Sentra gets the NISMO treatment
Just like the GT-R, the 370Z and the JUKE before, a fourth model in Nissan’s lineup has received the NISMO…
Honda to stick with North American production plans, for now
Honda Motor Co will stick with its North American production plans as it waits to see if U.S. President-elect Donald…
Fiat Chrysler to start production of Jeep Compass at Toluca plant in January
The 2017 Jeep Compass will be built at four plants around the world, with the U.S. spec version slated to…
New York fund acquires Accuride Corporation; a Nuevo Leon plant is in the deal
Accuride Corporation announced the completion of its acquisition by funds managed by Crestview Partners, a New York based private equity…
GCC completes acquisition of US assets from Cemex
Grupo Cementos de Chihuahua (GCC) announced that it has completed the acquisition of certain assets located in the United States…
CarbAmericas opens fresh produce processing plant in Irapuato
Fresh produce importer CarbAmericas inaugurated a new packaging facility in Irapuato, Guanajuato, in partnership with grower-shipper CarGoldMex, according to a…
New Ford’s Mexican plant, still in the works
Ford still plans to spend US$ 1.6 billion building a new factory in Mexico, after all the turmoil created because…
El Paso-based Western Refining acquired by Tesoro Corp. in a US$ 6.4 billion deal
Oil refiner Tesoro Corp. will buy Western Refining Inc. in a deal worth about US$ 6.4 billion. The transaction is…
