Safran inaugurates its third manufacturing plant in Queretaro, seventh facility overall in Mexico
French aerospace components manufacturer Safran and U.S.-based advanced materials producer Albany International Corp. inaugurated today, in Queretaro, Mexico, a third…
Silicon Valley startup Fivestars to open operational hub in El Paso, Tx
Nancy Gonzalez / MexicoNow Fivestars, a San Francisco-based rewards and marketing startup, is opening an El Paso office, the company…
Four railway companies to invest US$485 million in Mexico during 2018
Four railway companies established in Mexico will invest nearly US$ 485 million in 2018, for tasks of infrastructure improvement, rehabilitation…
Monitoring systems manufacturer SpotSee opens new facility in Chihuahua
SpotSee, a Dallas-based developer and manufacturer of shock and vibration monitoring systems through low-cost connectivity and data, announced it has…
Mexican beer accounts for 67% of imported brews in the US market
Two out of every three imported beers consumed in the United States last year was provided by Mexico, which remains…
American Axle posts record sales, profitability for both 4Q and full-year 2017
American Axle & Manufacturing Holdings Inc. (AAM) reported record sales and profitability for both fourth quarter and full-year 2017, driven…
BMW plant in San Luis PotosĂ is 87% complete, 900 employees hired
The construction of the plant that BMW builds in San Luis Potosi reports an advance of 87% to the month…
French auto supplier Faurecia sees its profits hike 34% during 2017
French auto supplier Faurecia saw its net income hike 34% to 714.5 million euros (US$ 896.4 million) during 2017, the…
Nearly 40 automotive plants are under expansion in Guanajuato, says official
Despite the complications that the renegotiation of the North American Free Trade Agreement (NAFTA) has brought to the automotive industry,…
Eight Mexican states compete for Chinese automotive plant
19 February, 2018Coahuila, Puebla, Nuevo Leon, Yucatan, Quintana Roo, Sonora, Hidalgo and Guanajuato compete to attract a significant investment from Chinese automaker…
FCA recalls about 227,000 Ram trucks in the NAFTA region over faulty shifters
19 February, 2018Fiat Chrysler Automobiles announced a new recall for about 229,000 Ram trucks, mostly in North America, because they can be…
US$275 million for BC-California land Port Of Entry
17 February, 2018US$275 million are being invested on the land Port Of Entry in the city of Calexico, California, which is Mexicali,…
Grupo Modelo announcing investment in Aguascalientes
17 February, 2018With investment valued at US$5 million, Grupo Modelo AbInveb announced the expansion of its corporate offices located in Tres Centurias,…
BMW plant in San Luis Potosi, going as planned
17 February, 2018Just the announcement of BMW’s arrival to San Luis Potosi, attracted twenty firms, and as soon as the plant starts…
El Paso-based manufacturer Seisa Medical secures funds to expand its global footprint
16 February, 2018Seisa Medical Inc., an El Paso-based manufacturer of components and products for the medical devices field, announced that it has…
Auto parts manufacturer Tenneco reports 7% earnings increase during 2017
16 February, 2018Ride-control and emissions control systems supplier Tenneco Inc. said its adjusted net income for the fourth quarter increased 7.8% to…
CFM International achieves near-record level orders for aircraft engines in 2017
15 February, 2018CFM International, an Ohio-based manufacturer of aircraft engines, announced that orders for both of its product lines again achieved near-record…
Grupo Modelo to establish services center for Latin America in Aguascalientes
15 February, 2018Grupo Modelo announced a US$ 5 million investment to expand its Regional Services Center in Aguascalientes, in order to become…
Seventh round of NAFTA talks set one day earlier
15 February, 2018The 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
15 February, 2018America Movil, the Mexican telecommunications corporation owned by billionaire Carlos Slim, posted a net loss of MX 11.295 billion (US$…
