Grupo Bimbo to set solar panels in 80% of its Mexican facilities
Grupo Bimbo, the world’s largest baking company, announced the start-up of a photovoltaic system, which will prevent the annual emission of…
Hot runner systems manufacturer INCOE to open facility in Queretaro
INCOE Corporation USA, a designer and manufacturer of hot runner systems, announced plans for a recently acquired facility in Queretaro,…
Lear Corp. plant in Ramos Arizpe receives J.D. Power Seat Quality award
Employees and managers of a Lear Corp. plant in Ramos Arizpe, Coahuila, received from J.D. Power a distinction for the…
Japanese joint venture builds plant for ultra-precise metal components in Guanajuato
A joint venture by Japanese manufacturers Atsumi Kogyo Co., Ltd. and Denko Techno Heat plans to invest US$ 17 million…
Fibra Uno, Mexico’s biggest real estate trust, to invest US$ 1.85 billion this year
Fibra Uno (Funo), Mexico’s biggest real estate trust, plans to invest US$ 1.85 billion in the development and acquisition of…
Mexico to reach renewable energy goal earlier than planned, official says
Mexico will get 35% of the power it needs from renewable sources in 2021, three years before the official timetable,…
Mexico’s auto sales down 11.5% in January; allegedly glitch in GM systems may have played roll
Due to an allegedly glitch in the computer systems of General Motors, the monthly report of auto sales by the…
Auto sales in the U.S. market up 1.1% in January
A tax reform, low unemployment and strong consumer confidence helped auto dealers in the U.S. sell 1.15 million vehicles in…
Volkswagen Mexican plants save US$ 34 million through employees-driven improvements
Volkswagen de Mexico registered improvements in its processes in 2017 equivalent to US$ 34 million in savings, the German automaker…
Heavy truck sales in Mexico to increase 6.3% this year, says dealers’ association
1 February, 2018The Mexican Association of Automotive Distributors (AMDA) forecasts that around 42,585 heavy trucks will be marketed this year in the…
Next Energy to invest US$50 million on solar farm
1 February, 2018Next Energy Mexico, a Company based in Monterrey, Nuevo Leon, is going to invest roughly US$50 million to build a solar…
Chinese automaker JAC launches Mexico-made sedan
1 February, 2018JAC Mexico launched its J4 Trend sedan, which is assembled at the Giant Motors Latin America (GML) plant in Ciudad…
TC consolidates its leadership with transporter vehicles’ operation in Mexico
1 February, 2018Transportes Cuauhtemoc (TC) reported a record 400,000 new vehicles transported in Mexico last year, from assemblers Kia, Hyundai, Honda, Toyota,…
US$100 million investment arriving to Bajio
1 February, 2018Desarrollos Residenciales Turisticos (DRT) is planning an investment project valued at US$100 million to carry out its industrial division’s development…
Tata to hire 1,200 associates in Guadalajara
1 February, 2018Tata Consultancy Services (TCS) a technology firm, is growing with local talent and is expecting to hire 1,200 employees in…
Pemex to restart operations at refinery in Tamaulipas by late March
1 February, 2018Pemex expects to increase crude processing at its refineries to 900,000 barrels per day (bpd) in the second quarter of…
Employment in plants under Immex program increased 4.6% in November
1 February, 2018Employment in establishments that participate in the Manufacturing Industry, Maquiladora and Export Services Program (Immex) reported an increase of 4.6%…
Shell takes nine of 19 blocks awarded in Mexico’s deep water tender
31 January, 2018Royal Dutch Shell was the big winner of the Round 2 deep water tender organized by the Mexican government, taking…
Mexico’s GDP increased 2.3% in 2017, says preliminary report
31 January, 2018Mexico’s Gross Domestic Product (GDP) increased 2.3% in 2017 compared to 2016, with seasonally adjusted figures, according to a preliminary…
Grupo Minsa sells US subsidiary in US$ 75 million deal
31 January, 2018Bunge North America, the North American operating arm of Bunge Limited, announced that it has purchased Minsa Corporation, a wholly-owned…