CEMEX invests in Mexican startup that collects data to enhance safety at construction sites
CEMEX Ventures announced that it invested an undisclosed amount of capital in PRYSMEX, a Mexico-based startup that offers a solution…
Carbures signs deal to build seven testing lines for steering systems in Queretaro
Carbures, a Spain-based designer of engineering solutions, announced it has signed a EUR 1.6 million (about US$ 1.88 million) contract…
Pan American Energy gets approval for US$ 2.5 billion drilling plan in the Gulf of Mexico
Hokchi Energy, a Mexican subsidiary of oil and gas company Pan American Energy LLC, reported that the National Hydrocarbons Commission…
Swiss logistics provider Panalpina adds Queretaro airport to its charter network
Panalpina, a Swiss provider of forwarding and logistics services, announced it has added the Queretaro International Airport (QRO) in Mexico…
Missouri-based equity fund acquires electronics manufacturing plant in Ciudad Juarez
Minnesota-based electronic manufacturing services (EMS) provider, Logic PD, announced it has recently been acquired by Compass Group Equity Partners, a…
Grupo Traxion acquires parcel firm
Grupo Traxion, which had five companies from the cargo segment already, as well as one company dedicated to move passengers…
Turbosine in Mexico, on track towards opening
After 39 years with Airports and Auxiliary Services (ASA) managing the jet fuel supply, storage and transport operations through its…
Midstream prompts logistic partnerships in Mexico
As part of the US$300 million investment announced by ExxonMobil in 2017, the Company reported advance in its strategy of…
Schneider Electric Solar Park in Nuevo Leon started operations
Schneider Electric, an energy management specialty company, inaugurated its Solar Park in Monterrey, Nuevo Leon, with the aim of promoting…
Tunisian cable manufacturer COFICAB targets Ciudad Juarez to set up its third plant in Mexico
18 May, 2018Four years after establishing operations in Mexico, Tunisian cable and wire manufacturer COFICAB Group will invest US$ 50 million to…
KIA celebrates two years building cars in Nuevo Leon
18 May, 2018Korean automaker KIA Motors recently completed two years manufacturing cars in Mexico with an accumulated production of 417,000 vehicles at…
Mexico’s central bank leaves policy rate unchanged at 7.5%
18 May, 2018By unanimous vote, the Governing Board of the Bank of Mexico on Thursday maintained its benchmark interest rate unchanged, currently…
Wittmann Battenfeld expands facility in Queretaro to keep up with growth rates ‘above 20%’
18 May, 2018Wittmann Battenfeld GmbH, an Austrian manufacturer of injection molding machines and automated solutions, is increasing floor space by a third…
Taiwanese manufacturer Hiroca to begin production at Guanajuato plant by fourth quarter
18 May, 2018Hiroca Holdings Ltd., a Taiwanese auto parts manufacturer based in China, last week said its new plant in Mexico is…
New York-based ITT Corp. opens US$ 60 million plant in Guanajuato
18 May, 2018New York-based diversified manufacturer ITT Corporation announced it has officially began production of highly engineered brake pads in a new…
New Airport, anticipates to spill over US$2.3 billion in its first year
17 May, 2018The New International Airport of Mexico (NAIM) estimates to have an economic spillover of approximately US$2.3 million in its first…
Mexico, ready to match US fees on steel and aluminum
17 May, 2018If the US decides to start applying fees on aluminum and steel exports from Mexico as a way to exert…
Cathay Pacific flying direct to Mexico on a Boeing 777x
17 May, 2018Executives of the Asian airline Cathay Pacific, announced that the first direct non-stop flight from Hong Kong to Mexico City…
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17 May, 2018DHL opening distribution centers in Jalisco and Nuevo Leon
17 May, 2018With a US$21.3 million investment, the largest logistics firm in the world, DHL, opened its distribution center in El Salto,…
