Auto parts manufacturer Tenneco reports 7% earnings increase during 2017
Ride-control and emissions control systems supplier Tenneco Inc. said its adjusted net income for the fourth quarter increased 7.8% to…
CFM International achieves near-record level orders for aircraft engines in 2017
CFM International, an Ohio-based manufacturer of aircraft engines, announced that orders for both of its product lines again achieved near-record…
Grupo Modelo to establish services center for Latin America in Aguascalientes
Grupo Modelo announced a US$ 5 million investment to expand its Regional Services Center in Aguascalientes, in order to become…
Seventh round of NAFTA talks set one day earlier
The seventh round of talks for the renegotiation of the North American Free Trade Agreement (NAFTA) will be held in…
America Movil posts steep 4Q loss on peso depreciation, customers decline
America Movil, the Mexican telecommunications corporation owned by billionaire Carlos Slim, posted a net loss of MX 11.295 billion (US$…
Mexicans abroad sent a record US$ 28.7 billion in remittances during 2017
The depreciation of the Mexican peso against the dollar in 2017 as well as the rhetoric of the Trump administration…
DB Schenker growing in the region
DB Schenker recorded growth in air cargo movement in Aguascalientes, Guadalajara and Tijuana during 2017. “Our total regional growth averaged…
Nemak planning to invest US$384 million in 2018
Auto part firm Nemak is planning to invest US$384 million in 2018, mainly to boost new product programs. This is…
Peñoles funding 3 expansion projects with US$340 million
The start of operations at the Zinc Plant’s expansion in Torreon, the activation of the Zinc Filtering project, as well…
Ryder System opens new logistics facility in Laredo, Texas
15 February, 2018Ryder System, Inc., a commercial fleet services provider, announced the opening of its brand-new logistics facility in Laredo, Texas, which…
ArcelorMittal investing US$1 billion in Mexico
15 February, 2018ArcelorMittal, one of the largest steel companies in the world, made an announcement last September of investment plans for Mexico,…
Cementos de Chihuahua quarterly earnings hike 58% on higher sales in Mexico, US
14 February, 2018Grupo Cementos de Chihuahua (GCC) reported a 58.4% increase in earnings to US$ 71.3 million (EBITDA) during the fourth quarter…
Unique Fabricating to shift Arkansas production to Indiana, Nuevo Leon facilites
14 February, 2018Unique Fabricating, Inc., a Michigan-based manufacturer of plastic and rubber components for the automotive and industrial appliance markets, announced it…
Despite healthy growth in Europe, Nemak profits fall 10.4% during 2017
14 February, 2018Despite a healthy growth in Europe and operations in North America and the rest of the world remaining stable, Nemak…
Automotive transit through maritime ports jumps 40% in 2017
13 February, 2018Although the maritime transport of cars recorded a historic advance in 2017, the deficient capacity in some ports, including Veracruz,…
Sales of electrified cars hiked 28% in Mexico through November 2017
13 February, 2018Sales of electrified vehicles in the Mexican market totaled 909 units during November 2017, which represents a 2% decline compared…
Report: Mercedes-Benz to build sedans, crossovers at Mexican plant
13 February, 2018Aside from its all-new A Class compact sedan, Mercedes-Benz plans to produce a seven-passenger crossover utility vehicle (CUV) at its…
FCA Saltillo plant will produce some next-gen HD Ram pickups after all
13 February, 2018Despite the widely announced plan from Fiat Chrysler Automobiles (FCA) to move production of its heavy-duty Ram pickup out of…
New milk processing plant valued at US$150 million coming to Chihuahua
13 February, 2018Investment worth over US$150 million is announced for the State of Chihuahua, to boost the milk producing sector in the…
Aeronautic industry might surpass Pro Aereo’s growth estimations
13 February, 2018The sector’s aeronautic strength is driving its consolidation as an important cornerstone of the Mexican economy towards 2018, in such…
