Korean rubber products manufacturer Hwaseung expands production capacity in Coahuila
Hwaseung R&A Co. Ltd., a South Korean manufacturer of rubber products, recently revealed it has doubled its revenue from the automotive industry since 2013, by gaining new supply agreements with major automakers in North America. In an interview to RubberNews, company officials revealed Hwaseun...
Mexican aerospace sector growing with Foreign Investment
Mexico is the third destination that captures the most Foreign Direct Investment projects in the aerospace sector, after the United States and the United Kingdom. For this reason, experts have mentioned that this sector is going through a good time, reaching a trade surplus of US$400 million, accord...
Airlines march onward with the Aviation Energy Reform
The repeal of the ninth transitory article of the Airport Law and Regulations, which gave exclusivity to Airports and Auxiliary Services (ASA) to provide storage, distribution and supply of turbosine, will serve to promote free competition in Mexico's domestic jet fuel market. This, according to the...
AMLO’s designated NAFTA negotiator expects a deal in next ‘couple of months’
Jesus Seade, a former top official at the World Trade Organization that has been tapped by President elect Andres Manuel Lopez Obrador (AMLO) said that a deal for a revamped NAFTA can be reached within a couple of months, as AMLO’s team fundamentally agrees with Mexico’s current negotiating posi...
NY-based investment firm acquires aerospace manufacturing plant in Chihuahua
L3 Crestview Aerospace, a manufacturer of aircraft components with operations in Florida and Chihuahua, Mexico, is set to be sold to New York-based investment firm American Industrial Partners as part of a US$ 540 million cash deal. According to its parent company L3 Technologies, in the pending de...

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