Wind blades manufacturer Nordex Group to set up production site in Matamoros
The Nordex Group, a Germany-based manufacturer of wind turbines for the renewable energy sector, announced it will set up a manufacturing plant in the municipality of Matamoros, Tamaulipas. Moving forward, rotor blades totaling more than 1GW capacity per year will be produced there for both the loc...
Spain-based coating services supplier Grupo Marsan to open its third plant in Mexico
Grupo Marsan, a Spain-based supplier of surface coating services for the automotive industry, announced it will build its third plant in Mexico for which de company will allocate a US$ 1.69 million investment, Spanish media reported. For that end, the company has received a revolving credit facilit...
Mercury Marine celebrates 2 million hours with no lost time injuries at Juarez plant
Mercury Marine’s Juarez plant last week celebrated a safety milestone of two million hours with no lost time injuries dating back to 2017. In 2014, the Juarez plant achieved more than one million hours without a lost-time incident, earning the 2014 Brunswick Chairman’s Safety Award.  Mercury h...
Mexico auto parts sector sees potential to surpass Germany as fourth largest producer 
By the end of 2019, Mexico could displace Germany and become the fourth largest producer of auto parts in the world, due to the arrival of more companies to serve the assembly plants of BMW, Mercedes Benz and Toyota and because of the ongoing trade war, said Oscar Albin, president of the National Au...
FCA fourth quarter 2018 net income hikes 61% on higher light truck sales in North America
Fiat Chrysler Automobiles (FCA) reported fourth-quarter 2018 net income of 1.29 billion euros (US$1.47 billion), which is 61% higher compared to same period from previous year, on a 6% increase in revenue. Excluding one-time items, FCA earned 1.04 euros (US$1.18) per share, up 49% from its year-ago ...

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