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Constellation Brands to buy brewery in Obregon, Sonora, for US$ 600 million
Constellation Brands announced today an agreement to buy a brewery in Obregon, in the northern State of Sonora, for US$ 600 million…
Connector manufacturer ODU opens plant near Tijuana
Germany-based electronic connector manufacturer ODU has opened a new production site near the border city of Tijuana, the company announced…
Synthetic rubber manufacturer QSR to start operations in Queretaro
Quality Synthetic Rubber Inc. will start operations at a manufacturing facility in Queretaro on November 15. According to a press…
Bendix starts production of driver control modules at Coahuila facility
After a US$ 4.6 million investment and an intense planning effort that began in 2014, Ohio-based autoparts manufacturer Bendix began to…
Tire manufacturer Hankook considers Mexico for a new plant
Currently ranked seventh in the world, Korea-based Hankook Tire Co. Ltd. announced at a press event its ambitions to be…
Strattec profits fall due to business challenges and investments
Cost pressures from automakers and higher expenses linked to new products and a new factory reduced Strattec Security Corp. net income…
Ford to expand shutdown at Michigan plant for two more weeks
Ford Motor Co announced it will idle the Wayne, Michigan assembly plant an extra two weeks by the end of the…
Spain-based Fotowatio strikes deal to build 300 MW solar plant
Spain-based solar developer Fotowatio announced that it was awarded a 300 MW project in the second Mexican power auction that…
Mexican avocado producers resume strong shipments to U.S. market
The Avocado Producers and Exporting Packers Association of Mexico (APEAM) announced strong shipments to the U.S. market, as the Mexican avocado…
Bosch opens engineering center, announces US$ 78 million investment
To strengthen its presence in Mexico, the Bosch Group just set two milestones in the country: at its existing site…
Mexichem acquires Canadian plastic pipe manufacturer
Mexichem announced that it acquired Canada-based plastic pipe manufacturer Gravenhurst Plastics Ltd. (GPL), furthering the company’s global growth model with bolt…
Nissan sets end of production date for the Tsuru
Nissan confirmed today the end of production of the Nissan Tsuru in Mexico by May 2017. “The popular unit, with…
Renewable power overtakes coal, here’s how Mexico has been doing its part
Yesterday the world reach a milestone in clean energy development as global renewable electricity capacity has overtaken coal to become…
Japanese firm buys Mactac Americas for US$ 375 million; San Luis Potosi plant included
Platinum Equity announced it has signed a definitive agreement to sell printing and packaging solutions supplier Mactac Americas, LLC, to…
US, Mexico reach deal to avoid double taxation for maquiladoras
US’s Internal Revenue Service (IRS) announced an agreement with Mexico for companies with maquiladora operations to be able to avoid…
