Kansas City Southern posts record revenue on strong demand of oil products into Mexico
Kansas City Southern (KCS) reported record fourth quarter 2018 revenues of US$694 million, an increase of 5% from fourth quarter…
Constellium N.V. supplies crash management systems for Mercedes-Benz A Class
Netherlands-based manufacturer Constellium N.V. announced that it is providing front crash management systems and other aluminum structural components to the…
Navistar, main beneficiary from tank trucks acquisition for Pemex
The federal government purchased 571 tank trucks for US$ 85.4 million as part of the strategy to deal with fuel…
MEXICONOW February 2019
Novartis announces US$20 million investment in Mexico
Luz MarĂa de la Mora, undersecretary of foreign trade, announced that Novartis, a multinational pharmaceutical and biotechnological company, will invest…
Mexico-based Grupo LALA opens US$14 million plant in Costa Rica
Mexicoâs Grupo LALA has inaugurated a US$14 million dairy plant in Costa Rica with the objective of strengthening and supplying…
Queretaro’s GDP to stay the same as last year
Faced with an uncertain environment, where there is still no clarity in the federal programs’ rules of operations, the projection…
CNH authorizes US$128 million investment to SMB for well drilling in NL
The Comision Nacional de Hidrocarburos (CNH) authorized investments for US$128.49 million to the company Servicios MĂșltiples de Burgos (SMB) for…
Alsea will bring to Mexico the fast food format of Vips España
Restaurant and cafeteria operator Alsea will launch a new format for its Vips brand, which will consist of smaller and…
BlueBay Hotels will invest US$67.7 million in Spain and Mexico until 2020
25 January, 2019The general director of BlueBay Hotels, RamĂłn HernĂĄndez, has presented the chain’s growth plan until 2020, which includes among its…
Mexican economy will grow less in 2019 due to U.S. slowdown: ECLAC
25 January, 2019Economic Commission for Latin America and the Caribbean (ECLAC) forecasts that by 2019 the Mexican economy will grow at a…
Despite âchallengingâ environment, Constellation Brands keeps building its Mexicali brewery
25 January, 2019Constellation Brands, a company that holds the rights to distribute CervecerĂa Modelo brands in the United States, keeps ahead the…
French utility company Engie to supply clean energy for Gerdau Corsa plant in TultitlĂĄn
25 January, 2019Gerdau Corsa, the Mexican subsidiary of Brazilian steelmaker Mexican Gerdau, has signed a 15-year contract with Engie, a French energy…
Heavy vehicle production hikes 28%; exports rise 29%
25 January, 2019Last November, production of heavy vehicles in Mexico totaled 15,740 units, an increase of 28.3% compared to the same period…
By 2020 the fitness industry will grow 300%.
25 January, 2019By 2020, the fitness industry estimates a growth of 300%, a business that has become attractive for entrepreneurs and investors,…
Mexico will build 40 solar power plants and 25 wind power plants in a period of three years
24 January, 2019According to energy secretary Pedro J. Coldwell, Mexico plans to increase renewable energy generation in the next three years with…
In 2018 foreign investment in Mexico reached US$32 billion
24 January, 2019During 2018 the foreign direct investment (FDI) that Mexico received was around US$32,000 million, which leaves the country outside the…
Ford confirms new compact unibody pickup in the works
24 January, 2019Ford confirmed that a new compact pickup, smaller than the Ranger, is currently in the works, but itâs still unknown…
Next-gen Mazda3 for the US market will cost nearly US$ 3,000 more than its predecessor
24 January, 2019The redesigned Mazda3 which made its debut at the Los Angeles Auto Show in November will go on sale in…
Production of Mercedes-Benz A Class started in Mexico since mid-2018, exec confirms
24 January, 2019Jaime Cohen, new president and CEO of Mercedes-Benz Mexico, informed to national media that the company’s plant located in Aguascalientes started the…
