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
Ryder System, Inc., a commercial fleet services provider, announced the opening of its brand-new logistics facility in Laredo, Texas, which…
ArcelorMittal investing US$1 billion in Mexico
ArcelorMittal, one of the largest steel companies in the world, made an announcement last September of investment plans for Mexico,…
Cementos de Chihuahua quarterly earnings hike 58% on higher sales in Mexico, US
Grupo Cementos de Chihuahua (GCC) reported a 58.4% increase in earnings to US$ 71.3 million (EBITDA) during the fourth quarter…
Unique Fabricating to shift Arkansas production to Indiana, Nuevo Leon facilites
Unique 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
Despite 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…
Medline investing US$118 million in Baja California
13 February, 2018Medline Industries is going to invest over US$118 million on a production plant to generate over 3,000 direct jobs. This, according…
February 27th, grand opening of the Heineken plant in Chihuahua
12 February, 2018Cuauhtemoc Moctezuma Heineken is going to inaugurate this Februaty 27th 2018 its new plant in Meoqui, Chihuahua, which was built…
Grupo Simec starts up new production line at Tlaxcala facility
12 February, 2018Grupo Simec, a Mexican steel products manufacturer with operations in the United States, Mexico and Canada, last week started up…
Mexichem completes acquisition of irrigation giant Netafim Ltd. for US$ 1.9 billion
12 February, 2018Mexico-based plastics and chemicals manufacturer Mexichem SAB de CV announced it has completed the acquisition of an 80% stake in…
Toyota updates its TRD Pro Series; the Tacoma gets a snorkel
12 February, 2018Last week, Toyota revealed at the Chicago Auto Show a series of upgrades to its TRD Pro Series. For 2019,…
