Chinese material manufacturer PGTEX opens plant in El Paso to supply Juarez facility
Chinese manufacturer PGTEX, a materials supplier for the wind power industry, opened a production plant in El Paso, Texas, its first in North America, local media revealed. The company invested US$ 6.7 million in its facility and plans to invest an additional US$ 11 million over the next fou...
Hyundai Polytech to open US$ 15 million plant in Coahuila
Korea-based Hyundai Polytech announced its upcoming opening in Ramos Arizpe, Coahuila, with an investment valued at US$15 million and 250 new jobs created. The factory shall be set on a 35,000 square meters facility at Parque Industrial Cactus Valley, with the objective of doubling its operations...
Nuevo Leon Automotive Cluster to boost local supply chain
The Automotive Cluster of Nuevo Leon (CLAUT) and the Ministry of Economy (SE) started up a national pilot project to replace imported auto parts, which will be provided by small and medium businesses. Manuel Montoya, General Director of the CLAUT, detailed that the expectation is to have sales of...
AHMSA seeks US$ 350 million investment to supply automotive industry
Mexican steelmaker Altos Hornos de Mexico (AHMSA) is seeking a US$ 350 million financing to buy new equipment in order to supply the automotive industry, officials told local media in recent days. AHMSA's CEO Alonso Ancira presented Austria-based OeKB Bank a proposal to buy the equipment and then s...
Canada-based Nelson Industrial sets up new plant in Saltillo
Manufacturas Zapaliname (Zapa) just signed a lease with Canadian firm Nelson Industrial to establish in one of the available buildings at La Angostura Industrial Park. According to local newspaper Zocalo, Nelson Industrial is investing nearly US$3 million for its set up which shall be completed ove...

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