Shell takes nine of 19 blocks awarded in Mexico’s deep water tender
Royal 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
Mexico’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
Bunge North America, the North American operating arm of Bunge Limited, announced that it has purchased Minsa Corporation, a wholly-owned…
Tender to connect Baja California to the National power grid attracts 45 companies
Mexico’s Secretariat of Energy (Sener) announced that the tender to build an electric transmission line to connect Baja California with…
Liquid fuel terminal in San Luis Potosi to supply the BajĂo region starting mid-2018
By mid-2018, a liquid fuels terminal developed by Kansas City Southern de Mexico, Watco and WTC Industrial, a Mexican consortium…
Mexican steel production up 6.2% in 2017
Mexican steel production in 2017 totaled 20 million metric tons (mt), up 6.2% compared to 2016. Such figure includes 500,000…
Mazda hits 700,000-unit production milestone at Guanajuato assembly plant
Four years after it started operations at the assembly plant in Salamanca, Guanajuato, Mazda Motor Corporation announced that it has…
BP planning to open 1,500 service stations in Mexico
Oil Company BP is planning to open, 3,000 gasoline stations during the 2017-2021 period, with 50% of them opening in…
US$25 million investment for automotive center in Queretaro
Queretaro is consolidating as a national leader regarding investment, technology and innovation, with the installation of the Automotive Center by…
KIA to increase production by 40% at its Mexican plant this year
30 January, 2018Korean automaker KIA today announced that its assembly plant in Pesqueria, Nuevo Leon, will increase production by 40% this year,…
Eurotranciatura opens its second manufacturing plant in Queretaro
30 January, 2018After more than 11 years of operations in Queretaro, Eurotranciatura Mexico, a manufacturer of electrical steel laminations, today opened its…
Juarez security company expands its footprint into El Paso
29 January, 2018Nancy J. Gonzalez / MexicoNow After 20 years of operations, Sysol, a security company headquartered in Ciudad Juarez, is expanding…
South Shore Furniture to build US$ 8 million distribution center in El Paso
29 January, 2018Nancy Gonzalez / MexicoNow E-commerce specialist South Shore Furniture is expanding its footprint in El Paso and will build a…
Interjet receives first of eight Airbus A321neo it ordered
29 January, 2018Mexican low-cost carrier Interjet announced that it has added to its fleet the first of eight Airbus A321neo that it…
Toyota aims to increase sales in Mexico by 2% during 2018
29 January, 2018After a year of slowdown in sales in the Mexican market, Toyota anticipates that in 2018 sales will reach 107,000…
German automotive supplier Continental to open US$ 62 million R&D center in Queretaro
29 January, 2018After municipal officials in Queretaro revealed that an important investment by an automotive company would soon be announced for the…
Boost in Mexican exports lessens trade deficit to its lowest in three years
27 January, 2018Mexican exports ended 2017 with an annual increase of 9.5%, representing the most significant growth since 2011. Such rise contributed…
Arizona’s cross-border program saves Mexican truck drivers time, money
27 January, 2018Drivers in Mexico who have completed innovative safety instruction offered by the Arizona Department of Transportation (ADOT) are proving far…
Lear Corp. posts record profit boosted by acquisitions, new US tax law
27 January, 2018Automotive seating and electrical systems supplier Lear Corp. reported strong quarterly profit and record full year earnings led by higher…
Mazda tops EPA fuel economy list for fifth year in a row
27 January, 2018Mazda Motor Corporation announced that the Light Duty Fuel Economy Trends Report, released by the U.S. Environmental Protection Agency (EPA)…
