Audi inaugurates US$2.7-million water purification plant in Puebla
Last week, Audi inaugurated a reverse osmosis plant in its Puebla assembly facility, a core component of the system that…
South Korean company ECOCAB to set up US$ 11-million manufacturing plant in Durango
The government of the state of Durango and South Korean company ECOCAB signed a memorandum of understanding in which the…
LG automotive output capacity boosts 31% by acquisition of ZKW Group
Following the acquisition of Austrian automotive light manufacturer ZKW, LG Electronics Inc. expects its output capacity of vehicle components (VC)…
Hot runner systems supplier HRSflow relocates to 10-times larger location in QueretaroÂ
HRSflow, an Italy-based supplier of hot runner systems announced it has relocated its Mexican service center to a larger facility…
Nemak inks new deals worth US$50 million in annual revenue
Nemak, S.A.B. de C.V., a Monterrey-based manufacturer of aluminum parts for the automotive industry, announced that it has won new…
MEXICONOW December 2018
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Bimbo could grow its fleet of electric delivery trucks to 500
The globally recognized industrial bakery, Bimbo, could add 80 more units to its fleet of delivery trucks. Currently, the Mexican…
Nescafé to open 20 coffee shops in Mexico so as to gain market share
Between 2018 and 2019, NestlĂ©, in alliance with the Mexican restaurant operator CMR, is looking to open at least 20…
UPS Mexico acquires 61 Mercedes-Benz units
In order to strengthen its distribution structure, UPS Mexico acquired 61 Sprinter 2019 Cargo Van 415 models from Mercedes-Benz and…
Two Japan-based surface treatment companies inaugurate operations in Irapuato
16 November, 2018Two Japanese companies, Yuken Surface Technology and Takamatsu Plating Mexicana, officially inaugurated their plants at the Castro del RĂo Industrial…
Phillips Harness Division celebrates 10 years of operations, 600% growth in Coahuila
15 November, 2018Phillips Industries’ Electrical Harness Division (EHD) is celebrating the 10th anniversary of its expansion to Mexico in order to produce…
Adient books net loss in fiscal fourth quarter; launches review of most under-performing plants
15 November, 2018Michigan-based Adient, one of the largest automotive seat suppliers worldwide, reported a fourth quarter 2018 net loss of US$ 1.35…
Johnson Controls closes sale of its Power Solutions business; including seven facilities in Mexico
14 November, 2018Johnson Controls International plc announced it has reached a definitive agreement to sell its Power Solutions business to Brookfield Business…
Mexico FDI drops 28% in third quarter; total figure for first nine months still up 11%
14 November, 2018In the third quarter of 2018 Mexico received US$ 4.1 billion in Foreign Direct Investment (FDI), 28% less than the…
Maysteel Industries opens its second plant in Monterrey
14 November, 2018Wisconsin-based Maysteel Industries, LLC, a manufacturer of custom, sheet metal enclosures, kiosks, cabinets and server racks, announced it has expanded…
Eaton Corp. to open new plant in El Paso, Texas to complement operations in Juarez
14 November, 2018Ireland-based Eaton Corporation, a worldwide power management company, is opening a design and manufacturing operation in El Paso. The company…
Bendix plant II in Acuña celebrates 1 year of operations without a recordable injury
14 November, 2018The Plant II of the Bendix Commercial Vehicle Systems manufacturing campus in Acuña, Coahuila celebrated one year without a recordable…
The Mexican agrifood sector is safe and profitable for investment, says SAGARPA
14 November, 2018The agri-food sector of Mexico is currently a profitable and safe investment destination and an important area of opportunity for…
Investment in advertising in Mexico, below developed countries
14 November, 2018The investment in advertising of Mexican companies continues to be below the levels of other countries, which impacts on economic…
Mexico could earn 200 to US$300 billion a year in the marijuana industry
14 November, 2018Mexico has the opportunity to lead the legal marijuana industry globally, with high economic and social benefits for the country,…
