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Volkswagen buys 16.6% stake in Navistar trucks

Volkswagen has moved to purchase a 16.6-percent stake in truck company Navistar for US$ 256 million, Reuters reported. The move…

8 September, 2016

Sempra Energy buys biggest wind farm in Mexico

6 September, 2016

Infraestructura Energetica Nova SA (Ienova) announced it has agreed to buy the Ventika wind energy complex located in General Bravo,…

Lego expands production capacity in Mexico to meet US demand

6 September, 2016

Lego, the Danish toy company, best known for its building bricks, had a decline in revenue growth and profits for…

A look inside Safran operations in Mexico

6 September, 2016

  Safran is a world-class manufacturer of aircraft and rocket engines and propulsion systems, and aircraft equipment. We give our…

Two German firms team up for joint venture in Queretaro

5 September, 2016

Prettl Manufacturing and RavenTech GmbH have set up a 50:50 joint venture in Queretaro, Mexico, to develop and mold parts…

Korea-based auto supplier Yura opens US$ 45 million plant in Torreon

5 September, 2016

Korea-based Yura Corporation opened its first plant in Torreon, Coahuila, which will hire up to 4,000 workers once it operates…

Heil Trailer expands its line of stainless steel products

5 September, 2016

Heil Trailer International has expanded its line of stainless steel products for the 2017 model year in a variety of…

Autoneum inaugurates second plant in Mexico, breaks ground for a third

5 September, 2016

As Switzerland-based auto supplier Autoneum inaugurated its second plant in Mexico last week, company officials laid the foundation stone simultaneously…

Iberdrola to build solar plant in Mexico

2 September, 2016

Spanish utility Iberdrola plans to build its first solar park in Mexico, of 200 MW in total, with the project…

Kia Mexico sales grow 260 percent during July

2 September, 2016

South Korea’s automaker Kia Motors Corp. again renewed its monthly sales record in Mexico in July, market data showed, suggesting…

Germany-based auto supplier Brose builds its fourth plant in Mexico

2 September, 2016

Germany-based auto supplier Brose recently held a ceremony to lay the foundation stone for its new 56,000 square-meter manufacturing facility in…

Mexico grants three exploration permits for geothermal energy

2 September, 2016

Mexico’s Ministry of Energy, through the Directorate General of Clean Energy, announced having awarded three new exploration permits for geothermal…

BMW launches training program in San Luis Potosi

1 September, 2016

As BMW Manufacturing Co. prepares to open another production facility in San Luis Potosi, the company has started actively training…

Tristone Flowtech expands operations in Chihuahua

1 September, 2016

Frankfurt-based Tristone Flowtech Group GmbH has been preparing for more than a year to add plants in Mexico and India….

MEXICONOW Issue 84

1 September, 2016

Sept – Oct 2016

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