Supply Chain
Asian Manufacturers Are Looking to Invest at the U.S.-Mexico Border
By Nancy J. Gonzalez The new provisions included in the United StatesMexico-Canada Agreement (USMCA) as well as the COVID-19 pandemic…
Metal Technologies to invest US$26 million in San Luis Potosi
VILLA DE REYES – Matthew Fetter, president and CEO of Metal Technologies and Juan Manuel Carreras López, governor of San…
Solarever invests US$20 million in Colima
TECOMÁN – The Mexican company Solarever, specialized in the manufacture of solar panels, inaugurated a new plant in Mexico on…
Mexico renews fiscal pact on maquiladoras with the U.S.
MEXICO – Mexico and the United States renewed a tax agreement on the maquiladora regime to avoid double taxation. The…
With a US$2 million investment Fagor Electrónica inaugurates a plant in Queretaro
QUERETARO – Fagor Electrónica inaugurated a plant in Querétaro, with an investment of more than US$2 million. The intention of…
IMEF increases 3.2 points during October
MEXICO – The IMEF Manufacturing Indicator increased 3.2 points in October to reach 50.1 units, moving into the expansion zone…
Mexico’s GDP grows 12% during 3Q2020
MEXICO – As of the gradual reactivation of activities, in the third quarter of 2020 the Mexican economy registered a…
US$3 million investment arrives in Guanajuato
CELAYA – With a private investment of more than US$3 million and a projection of 4,000 jobs generated at 100%…
Manufacturing sector in Nuevo León stands out despite the pandemic
MONTERREY – In September, manufacturing in Nuevo León was positioned as the main generator of employment. Through an analysis based…
Impro invests US$56 million in two plants in San Luis Potosi
SAN LUIS POTOSI – To align with the Group’s localization strategy, Impro Precision began to build a new production base…
Impulsora and Tesla sign agreement
NUEVO LEÓN – The Monterrey based company Impulsora, a leader in Mexico in the commercialization of electrical, lighting and hardware…
Berel to invest US$38 million in Queretaro
SAN JUAN DEL RIO – Pinturas Berel announced the installation of its second production plant in Mexico, in San Juan…
Elementia invests US$25 million in Yucatán
MÉRIDA – This Friday afternoon, Governor Mauricio Vila Dosal inaugurated the Progreso Plant of Cementos Fortaleza, owned by Elementia, which…
Employed personnel in the Mexican manufacturing industry fell 4.7%
MEXICO – Personnel employed in the manufacturing industry registered a 4.7% annual decline in July, the National Institute of Statistics…
New Taxes Hit Maquiladoras
By Nancy J. Gonzalez The modifications to the General Rules of Foreign Trade (RGCE) published recently on July 24th eliminate…