Volkswagen widens voluntary leave options for Puebla plant workers
A few weeks after Volkswagen offered a two-year voluntary leave plan to workers at the assembly plant in Puebla, the company unveiled new options to reduce the workforce during 2019, local press reported. In addition to a new early retirement option, Volkswagen is offering to workers from the Cuaut...
Germany-based manufacturer Thyssenkrupp opens US$80-million expansion in Puebla
German manufacturer Thyssenkrupp in recent days held the inauguration of a US$ 80-million expansion at its manufacturing site located in the municipality of Huejotzingo, Puebla, local media reported. Part of the investment was allocated to the opening of production lines dedicated to the manufactur...
Pirelli tires made in Guanajuato roll on four different continents
As previously announced, executives of the Italian tire manufacturer Pirelli held a ceremony to commemorate the production of 20 million tires at the industrial complex located in Silao, Guanajuato. At the event, Tom Gravalos, CEO of Pirelli Mexico, revealed that the Silao site is the third in prod...
Mexican exports increase for 24 months in a row, yet trade balance results in deficit
Mexico registered a trade deficit of US$ 2.93 billion last October––30.4% higher than the deficit of US$ 2.25 billion in the same month of 2017. This result derives from US$ 41.35 billion in exports and US$ 44.28 billion in imports, according to the latest data from Inegi (PDF). It is the seco...
US steelmaker Nucor Corp. acquires precision castings plant in Guadalajara
North Carolina-based steelmaker Nucor Corporation announced that it is acquiring Corporacion POK, S.A. de C.V. (POK), a fully integrated precision castings company with a facility in Guadalajara, Mexico. POK produces complex castings and precision machined products used by wide range of industries....

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