Investment

Vitro to increase production in recently acquired U.S. facilities
Once Vitro concluded the flat glass business acquisition from PPG, the company has announced the expansion of its coating production capability with the construction of a jumbo glass coater. The coater is a machine that produces high-performing, energy-efficient, low-emissivity glass. The equipment...
Volkswagen to invest US$1 billion in Mexico over 2017
Volkswagen will invest US$1 billion during 2017, in order to produce the new Tiguan, with a production start up contemplated by March next year, generating 2,000 jobs, informed Thomas Karig Geretch, Vice President of Volkswagen Mexico, in the framework of Mexico’s Auto Industry Summit 2016, celebr...
VW Tiguan will have the “Made in Mexico” seal
From this year forward, Volkswagen is integrating into its “Made in Mexico” portfolio a new model. It is the Tiguan SUV, which had its production line installed at the plant owned by VW in Puebla for the last 50 years. With this platform, VW contributed to the automotive sector investment with a...
Wal-Mart invests US$1.3 billion to improve logistics operations in Mexico
Wal-Mart said it will invest US$1.3 billion to strengthen and expand its logistics network in Mexico. "With this, the company will not only be in a better position to supply its more than 2,300 stores in the country, but also help Mexican families save even more money," the company said. "A big port...
What Mexico represents to Ford
Before the announcement of the cancellation of Ford Motor Company's investment in San Luis Potosi, executives of the Company portrayed Mexico as a very competitive Country, attractive to manufacture vehicles; furthermore, they gave hard data of what their Mexico operations represent and growth plans...
Wind power in Mexico: Vestas to supply 27 aero generators with 93 MW to Enel Green Power
Vestas received an order to supply and install 27 aero generators for Salitrillos wind power park, located in Reynosa, Tamaulipas. The model V136-3.45 MW turbines were ordered for the construction of the 93 megawatt park by Enel Green Power Corporation. This project will use a US$120 million investm...
Yucatan getting ready to build Cidy
Grupo San Francisco de Asis is preparing for the construction of the Yucatan Industrial Center (Cidy), which is going to attract capital investment surpassing US$658 million into the State to offer locations within its 5.7 millions of square meters, for different Companies to become established. Thi...
Yucatan industrial park to be built soon
San Francisco de Asis Group is going to build the Industrial Center of Yucatan (CIDY), on a 500 hectares area in the Municipality of Hunucma. It will have a long term investment valued at US$120 million, featuring a business center with capacity for conventions and massive events, a multimodal trans...
Yusen Logistics opens US$ 13 million facility in Guanajuato
Yusen Logistics, a leading third-party logistics provider, opened a 53,820-square-foot logistics center near Celaya, Guanajuato, to provide services to its automotive customers, including OEMs and tier 1 and tier 2 suppliers, creating 139 jobs. The US$ 13 million facility is located on a 17-acre si...
Zoppas to increase its investment in San Luis Potosi
Representatives of Zoppas Industries Heating Element Technologies, an Italian enterprise, announced an increase in the Company's investment in the Municipality of Rio Verde, San Luis Potosi, from US$1.5 million to an extra US$2.5 million, adding up to a total of US$4 million to invest, informed Fede...

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