Investment

Bendix doubles manufacturing capabilities through Mexico plant expansion
To support increasing customer demand for its high-performing solenoid valves and assembled manifolds, Bendix has doubled manufacturing capabilities of the components through production line expansion and improvement at its Acuña manufacturing campus, in Coahuila. With a US$1.5 million investment b...
Big Mexican firms to trim 2017 investment on U.S. concerns
Mexico's top companies plan to reduce their investment in 2017 due to uncertainty over the future of trade relations with the U.S. under the Trump administration, a leading business association said. The Consejo Mexicano de Negocios (CMN), said it would invest around US$31.43 billion this year, a dr...
Bill Forge Global opens US$ 12 million plant in Guanajuato
India-based Bill Forge Global started operations in Celaya, Guanajuato, at the Cuadritos Industrial Park, after an initial investment of US$12 million, with expectations to escalate to US$30 million and generating over 75 jobs, informed Guillermo Romero Pacheco, head of the Ministry of Sustainable E...
BMW reaffirms US$1 billion investment commitment to Mexico
Alexander W. Wehr, President and CEO of BMW Group Mexico, Latin America and the Caribbean, has reiterated the opening of its new plant in San Luis Potosí in 2019. He said that “at the end of the day, in an environment affected by the exchange rate, by any Free Trade Agreement, the road ahead is c...
Bombardier suggests monorail to connect the New Airport
Bombardier,  a Canadian train manufacturer, affirms that the monorail is the railway transport model that is needed to connect the Observatory zone with the New International Airport in Mexico City (NAICM), which does not require any land expropriation. Part of the advantages of this train is that ...
Border-adjusted tax chills investment at the border
The border-adjusted tax proposed by president Donald Trump worries to the industry and many investors have hold their projects until the new rules are published, said Cesar Ochoa, partner at EC Legal. “This is not an ordinary tax created to discourage imports from Mexico. This situation creates u...
BorgWarner sells its subsidiary Remy, Inc.; deal includes operations in Mexico
An investor group led by Torque Capital Group has signed a definitive agreement to acquire the North American and European light vehicle aftermarket business of Remy, Inc. from BorgWarner Inc., the latter announced in a press release.  The sale includes manufacturing facilities in Piedras Negras ...
Bosch invests US$ 13 million in Jalisco’s engineering center, business accelerator
By 2020, German auto supplier Bosch will triple its workforce at the Guadalajara facilities, for that end the company currently invests US$ 13 million. During an interview with El Economista, Vice president of Finances at Bosch Mexico, Gonzalo Simental, detailed that US$ 11 million of this budget w...
BP Gas stations kick start operations in Jalisco
The Britain-based Corporation BP, inaugurated its first two service stations in Jalisco and is a spearhead among the first private companies to sell automotive fuel in Mexico. Its operations start with prices that match those of the Pemex stations, that is 16.64 per magna liter, and 18.37 per Premiu...
BP opens first gas station in Mexico; plans 1,500 retail sites in 5 years
BP officially opened last week its first retail fuels site in Mexico as part of its plan to invest in the growing Mexican retail fuel and convenience market over the next five years. Opened in the Satelite area of Mexico City, the new BP retail site is the first global oil company branded site oper...
BP opens its first gas station in Queretaro
The BP fuel service station, in the North area of the municipality of Queretaro, which became the first location of the Company in the State, was recently inaugurated. BP is a producer of gas and oil that currently has 18,000 sales locations across 80 countries. BP has nearly 60 service stations ins...
Brembo inaugurates plant in Nuevo Leon, announces new US$ 95 million investment
As Italian brakes manufacturer Brembo inaugurated its US$ 36 million aluminum calipers plant in Mexico, the company also announced it will invest an additional US$ 95 million to build a new foundry for cast iron discs located next door to the calipers plant. The plant is located in Escobedo, in the...
Brewing Company in Colima, looking to triple its production with new investment
Esteban Silva, CEO of Colima Brewing Company, is preparing its third round of investment, valued at US$2 million, to become consolidated in the next five years. With the objective of earning its beer line recognition in Mexico, Silva created the concept of local restaurants called "trapiches", that ...
Businessmen will increase investment in Mexico
Foreign entrepreneurs have decided not only to maintain, but also expand their investment. Jane Fraser, Executive President of Citigroup Corporation, Latin America, considers that Mexico is their second most important market, which is why the investment in Mexico will continue. Siemens and the Minis...
California, interested in coming to Tijuana
The Mayor of Tijuana, Juan Manuel Gastelum, met the delegation of representatives of California's Central Valley, who are interested in bringing investment into the municipality, for the first time. The municipal President said that the intention behind this meeting is to boost investment opportunit...
CANACINTRA attracting 10 new companies to San Juan del Rio
The National Chamber of the Transformation Industry (CANACINTRA) San Juan del Rio, Queretaro, has reviewed at least ten companies from different sectors to become established in the municipality. Eduardo Prado Alcantara, President of CANACINTRA San Juan, indicated that the construction of the new in...
CANACINTRA proposing to build two refineries
The National Chamber of the Transformation Industry (CANACINTRA) is proposing the construction of two new gasoline refineries over the next four years, through combined public-private investment with national providers. This organization recognizes the short-term impact the price liberation of both ...
Canada could increase Bajio investment
The Bajio delegation of the Canadian Chamber of Commerce in Mexico (CanCham), ruled out a possible exit of Canadian capital funds from Mexico. On the contrary, the changes expected in the commercial relation between Mexico and the U.S., creates the opportunity of increasing the participation of Cana...
Celaya expects unprecedented investment in 2017
Celaya, Guanajuato, might capture investment from at least 30 different companies during 2017, with an estimated value of US$500 million, in the metal-mechanics and auto parts sectors, asserted David Orozco, local Director of Economic Development. Orozco informed that most of these companies are com...
Cemex Energia and Siemens to provide electric consumption consultancy
The German multinational company, Siemens, and the Mexican firm Cemex Energia, signed an agreement of understanding to offer consultancy and support for the compliance with the new National Electric System (SEN) regulations in Mexico; this, with the purpose of boosting quality levels in the national...

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