Investment

Audi and BMW will maintain its investment plan in Mexico
Executives from Audi and BMW will maintain their investment in this country, despite the threat of new taxes imposed on vehicles imported from Mexico. Scott Keogh, President of Audi North America, said that the Puebla plant is global and it could not be closed, as the Company supplies its operations...
Audi and Volkswagen reassert their permanence in Mexico
Despite recent threats against the automotive industry, Enrique Martinez Neuenschwander, General Manager of Audi Center Aguascalientes, revealed that the firm will not give up its Mexico investment plans, valued at over US$1 billion; nor the construction of a second plant with production capacity si...
Audi inaugurates its assembly plant in Mexico
German car maker Audi inaugurated its new plant in Mexico, where it would build the new Audi Q5 SUV.  The plant located in San José Chiapa in Mexico’s federal state of Puebla will have a production capacity of 150,000 cars a year, the company said in a press release. By the end of the year, a...
Audi Mexico has the most modern stamping plant in North America
The Audi Mexico plant located in Puebla, which was built on an investment of over US$1.06 million for infrastructure, has the most modern metal stamping facilities in North America. Camilo San Martin, Product, Price and Planning Manager of the plant, underscored that the Q5 is a success story in Mex...
Autlan planning to invest US$300 million in Mexico
Mining Corporation Autlan is planning to invest US$300 million in Mexico for an operational improvement of its iron alloy plants and an increase of its manganese portfolio, said Oscar Maldonado, General Director of the Corporation. The head executive highlighted that  the plan is to first increase ...
Auto parts firm starts operations in Tlaxcala
Authorities form the State of Tlaxcala and investors from the automotive sector inaugurated the first stage of operations of the iSi Automotive plant, located in the Municipality of Cuapiaxtla, where air bags will be manufactured, for the Jetta vehicles of the Volkswagen plant in Puebla, and it is e...
Auto sector commits investments for US$5 billion from 2017 to 2020, says Bancomext
Independently of the recent renegotiations of the North American Free Trade Agreement (NAFTA), now known as the United States-Mexico-Canada Agreement, the national automotive sector has committed investments of US$5 billion for the period of 2017 to 2020. These investments will be made by both vehi...
Automotive and aeronautic sectors, key in the Mexico-Tunisia business agreement
ProMexico subscribed a Memorandum of Understanding with the Agency of Foreign Investment Promotion for Tunisia (FIPA), which has the objective of improving Mexico's positioning in this Country, informed ProMexico. The agreement will enable the establishment of institutional relations and it will tra...
Automotive sector could have a positive year
Despite confronting complicated times, companies from the automotive sector in Mexico might have a not-so-negative 2017. Signum Research indicated that, despite the current financial scenario, representatives of Mexican Stock Market (BMV) confirmed that investment projects which had already been sch...
Avant Energy announcing investment to supply fuel
Avant Energy announced an upcoming US$200 million investment for a network of terminals to supply refined oil products from the Port of Altamira, Tamaulipas, to the Bajio region. This network, named Altamira-Bajio Oil Supply  (Supera), is going to feature two terminals initially, one for sea and on...
Avant Energy invests US$500 million in Mexico
Avant Energy announced that it is going to apply a total of US$500 million for the construction of Supera (Altamira-Bajio Petroleum Supply), which will consist of two storage and distribution terminals for refined oil products in Altamira and Queretaro. "We are considering keeping five days of strat...
BAIC Motor might establish a plant in Tlaxcala
The Tlaxcala Government started negotiations with the Chinese automotive BAIC Motor, looking to establish a plant in the State, informed Jorge Luis Vazquez Rodriguez, Secretary of Tourism and Economic Development in Tlaxcala. He affirms that BAIC is looking to open its Mexico, which will depend on a...
Baja California and Virginia signed industrial agreement
Government offices of the sates of Baja California, in Mexico and Virginia in the U.S., signed a commercial agreement to continue promoting industrial investment for both States, thus increasing employment. This document establishes that both States will work together to foster investment, boost the...
Baja California receiving investment worth US$122 million
As a result of the Ministry of Development (SEDECO)'s European promotion tour, investment valued at US$122 million for Baja California was secured for this 2017. The head of this office, Carlo Bonfante Olache, informed that the goal is to reach US$2.5 billion before closing the year. These investmen...
Bancomext looking to attract investment from China
Bancomext, together with the China Bank of Development, is looking to develop mechanisms to provide financing to potential investors in this Country, while analyzing procedures to fund projects created in Asia. Bancomext informed that the China-Latin America and Caribbean Forum of Economic and Comme...
BBVA Group announces millionaire investment in Mexico
The president of Bilbao Bank Vizcaya Argentaria, Francisco González informed that the Spanish BBVA Group will invest US$1.5 billion in Mexico over the next five years, and even has plans to acquire another bank in this country. He said the investment announced will have to do with software, intelli...
BC is the third state with the most Foreign Investment received
Baja California is the third state in Mexico with the most FDI investment received, according to information from the Ministry of Economy (SE), with accumulated investment of US$ 1.05 billion during the first semester of 2017. The Secretary of Economic Development in the State, Carlo Bonfante Olache...
BC, Arizona and California make up common front
The agreement for understanding between the Arizona Commerce Authority and the Ministry of Economic Development (SEDECO) in Baja California is now effective, in order to create a project known as the “golden triangle”. This economic partnership will be conformed by the States of California, Ariz...
Beer brewer investing millions in Mexico to stay ahead of the game
The producer of the Grupo Modelo beer bands for the US, Constellation Brands, is going to invest in Mexico around US$600 million this year in order to increase its capacity and innovation.  The Corporation's objective is to continue earning a leading position in the United State's premium segment; ...
Beer market is still growing and attracting investment
According to the consulting firm Euromonitor, the beer market is still growing and attracting investment for Mexico, as it has reached a value of US$20.33 million and has recorded growth rates of 7.0% to 8.0% in recent years, thanks to the work that Constellation Brands and Heineken have been carryi...

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