8 March, 2018

Sempra’s subsidiary IEnova builds US$ 130 million photovoltaic plant in Sonora

Sempra’s Mexican subsidiary Infraestructura EnergĂ©tica Nova, S.A.B. de C.V., IEnova, announced it executed a 15-year electricity supply contract with various…

8 March, 2018

FCA plans to spin-off its Magneti Marielli subsidiary, which operates six plants in Mexico

Fiat Chrysler Automobiles (FCA) plans to spin-off Magneti Marelli, a subsidiary that manufactures lighting, engines, electronics, suspension and exhausts systems,…

7 March, 2018

Round 3.1 of Mexico’s oil tenders draws 30 companies to the table

The first tender for Mexico’s Round 3 for oil exploration and extraction in shallow waters has drawn the interest of 30…

7 March, 2018

Pennsylvania-based Brentwood Industries opens plant for medical supplies in Tijuana

Pennsylvania-based plastics manufacturer Brentwood Industries Inc. announced the opening of a “multi-million” medical manufacturing facility in Tijuana, Baja California. This…

7 March, 2018

Hofusan Park is going to have a second building

Hofusan industrial park, located in the municipality of Salinas Victoria, is allocating US$50 million to start its second industrial building…

7 March, 2018

Chetumal attracting interest from the industrial sector

The State government has secured projects to establish four companies in the Quintana Roo Industrial Park with Strategic Customs Post…

7 March, 2018

ArcelorMittal investing in Mexico

ArcelorMittal, the largest steel producer in the world, has not changed its plans to invest US$1 billion on a new…

7 March, 2018

Eight oil tenders to bring up to US$153 billion to Mexico

The Mexican government has negotiated investment projects valued at US$153 billion from companies in 20 countries with just eight oil…

7 March, 2018

Engie looking to double clients in Mexico in 5 years

Engie Energy Corporation is looking to have a million natural gas clients in Mexico by 2023, twice as many as…

One more Japanese company arriving in Leon

7 March, 2018

Japanese Company Atsumi is going to start producing high precision metal parts for the automotive industry in Leon, starting from…

Grupo PIASA inaugurates US$ 61 million biomass-based power plant in Oaxaca

7 March, 2018

Grupo PIASA, a company led by Arca Continental and other bottlers part of the Mexican Coca-Cola Industry, inaugurated in recent…

Germany-based ZF Group inaugurates US$ 17 million plant in Durango

7 March, 2018

Germany-based ZF Group inaugurated a new production facility in the municipality of Gomez Palacio, Durango, dedicated to the manufacture of…

Mexico’s auto production increases 6.2% in February; exports hike 11.2%

6 March, 2018

Light vehicle production in Mexico rose 6.2% annually in February, while exports grew 11.2%, the Mexican Association of the Automotive…

Sales from Magna International Mexican subsidiaries increase 7.5% in 2017

6 March, 2018

Canadian Tier 1 auto supplier Magna International Inc. posted 2017 results with records for sales, earnings per share, and operating…

Honda introduces affordable 7-passenger SUV to the Mexican market

6 March, 2018

Japanese automaker Honda has launched in the Mexican market a 7-passenger SUV for under 350,000 pesos or around US$ 18,920,…

Nissan builds NP300 Frontier variant for Renault at Cuernavaca plant

6 March, 2018

The Renault-Nissan-Mitsubishi alliance announced plans to speed up the convergence between the three companies on how they work in key…

Automotive transit through Lazaro Cardenas port grows 24% during January

6 March, 2018

Last January, the Lazaro Cardenas port managed 33,976 vehicles through its premises, which represented an increase of 24% compared to…

Nissan Cuernavaca plant shuts down third shift; lays off 550 workers

6 March, 2018

Representatives of the workers union of the Nissan plant in Cuernavaca, Morelos (CIVAC) announced that due to an increase in…

Nissan Cuernavaca plant shuts down third shift; lays off 550 workers

6 March, 2018

Representatives of the workers union of the Nissan plant in Cuernavaca, Morelos (CIVAC) announced that due to an increase in…

Ternium, ArcelorMittal keep up with investments plans in Mexico despite threat of tariffs

6 March, 2018

Ternium and ArcelorMittal, two of the main steel producers in Mexico, announced that they do not plan to stop the…

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