Cementos de Chihuahua invests US$ 105 million at Dakota plant to add output capacity
Grupo Cementos de Chihuahua, S.A.B. de C.V., (GCC) announced that the expansion of its Rapid City, South Dakota cement plant became operational at the end of last year, adding 440,000 metric tons (mt) of capacity to the existing facility.  The expansion of the Dacotah cement plant began in 2016, w...
Korean die caster Kodaco unveils US$9.4-million investment for Coahuila plant
Korean die casting products manufacturer Kodaco unveiled a US$9.4-million investment plan for its Mexican subsidiary MKDC de México to improve productivity and accelerate its growth, the company announced to local media in Seoul. Company executives affirmed that, a year and a half after officially...
Navistar posts solid fiscal year results on strong sales, growing market share
For the second straight, commercial trucks and diesel engines manufacturer Navistar finished the fiscal year with a profit. The company reported net income of US$340 million for 2018, up from US$30 million in 2017. The company’s 2018 revenue totaled US$10.25 billion, up from US$8.6 billion in 201...
DENSO launches major reorganization focused on electrification, self-driving tech
Japanese automotive supplier DENSO Corporation announced that it will change its organization and executive responsibility starting January 1, 2019, in order to boost its competitiveness in car electrification and self-driving technology. “The auto industry has been undergoing a once-in-a-century...
Magna acquires seating solutions developer VIZA Geca SL; deal includes a plant in Puebla
To further enhance its capabilities in seating solutions for new mobility trends, Canadian Tier 1 automotive supplier Magna signed an agreement to acquire VIZA Geca SL of Spain, which operates four production facilities, including one in Mexico. The acquisition is expected to close by the end of th...

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