Sinaloa looking for investment opportunities in the energy sector
The Ministry of Sustainable Development (SEDESU), the Ministry of Economic Development and the Energy Regulating Commission, spoke to representatives from …
Mexico to receive potential climate investment valued at US$791 billion
Mexico might reach potential investment of US$791 billion for “climatically intelligent” investment by 2030, revealed a new report by International…
Reductions in Toyota will not affect the Bajio region
The 30% reduction Toyota announced to its investment for the new plant in Apaseo el Grande, Guanajuato, will not affect…
Here’s how sales of Mexico-made cars ended up in October across the US market
Despite a strong demand of SUVs and pickups over compact cars in general, some Mexico-made small models saw modest sales…
Continental opens new plant in San Luis Potosi, its second in less than a year
ContiTech, a division of German manufacturer Continental, has opened a new production facility in San Luis Potosi, Mexico to produce…
MEXICONOW Issue 91
Nov – Dec 2017
Hyundai subsidiary invests US$ 450 million in two spare parts distribution centers
Mobis, a subsidiary of Hyundai Group, invested US$ 450 million to build two spare parts distribution centers in Nuevo Leon…
Aerospace supply chain, a niche for entrepreneurs
Even though the aeronautic industry demands high-level certifications and regulation, young entrepreneurs have a market niche as part of the…
Veracruz welcomes Marble Company investing US$5.3 million
Travertinos Laguna Corporation, part of Grupo Siete Leguas, has invested approximately US$5.3 million in the city of Veracruz, Veracruz, to…
Samsung announced upcoming automotive investment
2 November, 2017Samsung Electronics Corporation is raising its bet on the automotive industry, with the announcement of investment valued at US$8 billion,…
Zoppas Industries expands its investment in SLP
2 November, 2017San Luis Potosi State Government Authorities have disclosed that  Italian enterprise Zoppas Industries is expanding its investment project in Rio…
Honda to keep auto production in Mexico regardless of NAFTA
2 November, 2017Japanese automaker Honda will keep production at its two Mexican plants despite the renegotiation of the North American Free Trade…
Grupo Lala opens US$ 55.2 million meat processing plant in Hidalgo
2 November, 2017Agrifood Mexican company Grupo Lala in recent days started operation of its new meat processing plant in Tizayuca, Hidalgo, a…
Automotive transit at Lazaro Cardenas port up 45% from January through September
2 November, 2017Automotive trade through the port of Lazaro Cardenas, Michoacan, in the Pacific Coast, increased 45% to 296,739 vehicles in the…
Goodyear tire plant in San Luis Potosi is officially operational
2 November, 2017A discreet ceremony took place earlier this week at the World Trade Center II industrial park in San Luis Potosi…
Canada auto sales up 6.3% in October, in track for a record-setting year
2 November, 2017Auto sales in Canada totaled 164,200 vehicles in October, a 6.3% increase from the same month last year, on track…
Cummins net income up 56% amid increased demand of trucks, construction equipment
2 November, 2017Cummins Inc. reported earnings of US$ 2.71 per share in the third quarter of 2017, was up from US$ 2.02,…
Eaton Corp. earnings up 9% boosted in part by a strong heavy truck market
2 November, 2017Power management company Eaton Corporation improved third-quarter revenue and earnings, boosted in part by the strength of the Class 8…
Despite strong demand for pickups, US auto sales fall 1.3% in October
1 November, 2017Despite a strong demand for pickups, U.S. auto sales fell 1.3% in October to 1.35 million light vehicles and trucks,…
Unconcerned by NAFTA collapse, aerospace companies in Mexico see other issues ahead
1 November, 2017Aerospace companies with manufacturing operations in Mexico are not likely to leave the country if NAFTA comes to an end,…