Chinese developers to build US$134-million industrial park in State of Mexico
With an investment of US$ 134 million, Chinese investors will build an industrial park in the municipality of Apaxco, State of Mexico (Edomex), the state secretary of Economic Development, Alberto Curi Naime, announced in recent days. The official told local media that the company Hunan Gold Group ...
Flex America to invest US$9 million to expand output capacity at Altamira plant
Flex America S.A. de C.V., a manufacturer of polyester and metalized films, will invest US$ 9 million this year in the expansion of its production line in Altamira, Gonzalo Aleman, secretary of Economic Development of the municipal government, announced. This investment is accompanied by the opening...
Andreas Lehe provisionally assumes presidency of Audi Mexico
As of January 1, Andreas Lehe assumed the presidency of Audi Mexico, a position that he will keep temporarily at the same time with his other responsibility as Vice President of Production and Logistics. Lehe replaces Alfons Dintner, who will assume new roles within the German automotive group. And...
Automotive manufacturing exports slowed down in November
In November, manufacturing exports in the automotive sector slowed down after recording double-digit annual growth rates between July and October. According to figures from the National Institute of Statistics and Geography (Inegi), exports of vehicles, auto parts and automotive accessories were of...
Mexico automotive trade surplus likely reached US$ 80 billion in 2018, AMIA says
The Mexican Automotive Industry Association (AMIA) estimated that the trade balance of the auto assembly sector reached a surplus close to the record amount of US$ 80 billion during 2018, representing a growth of around 12% compared to 2017. The president of the organization, Eduardo Solis Sanchez,...

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