New North American trade deal makes Mexico more attractive to R&D, says top negotiator
The new USMCA trade agreement will benefit Mexico “if it plays its cards right” because of cost advantages, said Jesus Seade, President-elect’s chief negotiator, in an interview with Reuters. Although the official acknowledged that the new deal increases protectionism, he said those restricti...
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 ...
Specialty resins supplier Amco Polymers opens sales office, warehouse in Mexico
Amco Polymers, a distributor of commodity, engineering and specialty polymers, announced it has expanded its distribution business into Mexico. Amco Polymers de Mexico office and warehouse will be based in Mexico City with an additional sales office in Guadalajara.  “The plastics industry in Mex...
Fibra Nova to build US$ 13 million facility in Queretaro for major automotive manufacturer
Industrial Real Estate developer Fibra Nova recently announced it has signed a lease agreement for the construction of a 22,500 square meter facility in Queretaro state capital for a ten-year initial term.  The new facility includes 6,000 square meters of office space for software design and 450 p...
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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