Bancomext grants US$ 102 million credit facility to aerospace joint venture AT Engine Mexico
Mexico’s National Bank of Foreign Trade (Bancomext) announced that it granted a US$ 102 million credit facility to the aerospace manufacturing plant AT Engine Mexico, which will open more than 300 high-skilled jobs in Sonora, in addition to attracting investments for the chain of supply of the sec...
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Rock West Composites opens plant in Tijuana to better serve its rapidly growing customer base
Rock West Composites, a Utah-based manufacturer specialized in carbon fiber tubes and plates announced it has opened a new production facility in Tijuana, Baja California in order to expand its capabilities to rapidly respond in an ever more competitive environment.
“Due to rapid business growth,...
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Mexico-made Volkswagen Jetta enters the Brazilian market
The all-new Volkswagen Jetta began to be marketed this month in Brazil, where it will face a tight market in which 14 brands are betting on the compact sedans segment, according to a report by Just-auto.com (subscription required).
The main rivals with which the vehicle manufactured in Puebla will ...
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Anti-trust authorities clear Grammer AG’s acquisition of Toledo Molding & Die
Germany-based Grammer AG, a manufacturer of interior automotive components announced it has completed the acquisition of the U.S. automotive components supplier TMD Toledo Molding & Die Inc. The US$ 271 million deal includes a production facility in Celaya, Guanajuato.
The transaction has been ...
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Packaging solutions supplier Edelmann Group to open its second plant in Mexico
Edelmann Group, a Germany-based manufacturer of board and paper packaging solutions announced the opening of a second production facility in the north of Mexico City, located approximately 55 km from the current plant.
The additional plant, with an overall area of 14,400 square meters, comes as a s...
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