BMW has covered 600 of the 1,500 jobs the SLP plant will keep
The automotive assembler BMW has assigned 600 work positions from a total of 1,500 jobs expected by 2019,when the production…
New Bafar processing plant in Michoacan 80% complete
Bafar, a company based out of Chihuahua, specialized in beef and pork meat, has 80% of advance in the development of…
Uber announces US$ 380 million investment for Mexico
With the objective of growing to 500,000 associated drivers in Mexico by the end of 2018, the Uber technological platform…
Technological innovation consolidating Mexico in the agri-food sector
The agricultural technological innovation is the backbone to consolidate Mexico as an agri-food powerhouse and it represents a motor of change…
VEMOG to boost Guanajuato’s textile sector
The Guanajuato Center of Apparel and Fashion Intelligence, VEMOG, will rise the textile industry’s competitiveness. In this regard, Governor Marquez…
Midori Auto Leather investing US$28 in SLP
Japanese firm Midori Auto Leather exerted a US$ 28 million investment to set the first stone of its third plant…
Lear Mexico inaugurates plant in Zacatecas
With a US$ 22.5 million investment and the creation of over 1,400 jobs, the firm Lear Mexican Trim Operations inaugurated…
Global automotive mergers and acquisitions up 14% in first half of 2017
Global automotive mergers and acquisitions (M&A) activity increased 14.3% in value during the first half of 2017 to US$ 24.4…
BMW supplier Waldaschaff Automotive builds US$ 20 million plant in Guanajuato
German auto supplier Waldaschaff Automotive, which specializes in metal components and systems announced it will invest US$ 20 million to…
SigmaTron International sees earnings decline at the end of fiscal year
28 July, 2017SigmaTron International, an electronic manufacturing services (EMS) company with operations in three Mexican cities saw revenues decrease to US$ 252.2…
Spain-based Ingeteam to build steel production line for Galvasid in Apodaca, NL
28 July, 2017Electrical engineering and solutions supplier Ingeteam announced it was awarded a contract from Mexican steelmaker Galvasid to set up a…
Sumitomo Electric Bordnetze opens US$ 17 million plant in Puebla
28 July, 2017German auto supplier Sumitomo Electric Bordnetze (SEBN), a subsidiary of Japan-based Sumitomo Electric Industries, opened earlier this week a production…
Spain-based BAS Projects to build 50 MW windfarm in Coahuila for Minera Autlan
28 July, 2017Mexican mining company Minera Autlan, the country’s largest producer of ferroalloys, announced an agreement with Spain-based BAS Projects Corporation to…
Faurecia’s earnings hike 28% during first half of 2017
27 July, 2017France-based global auto supplier Faurecia performed during the first half of 2017 a solid growth in value-added sales of 8.5%…
Martinrea invests US$ 35 million to expand capacity at Silao plant
27 July, 2017Canadian manufacturer Martinrea inaugurated the expansion of its facility in Silao, Guanajuato, where the company invested US$ 35 million to…
Lear sales grow faster than worldwide auto production in second quarter 2017
27 July, 2017Lear Corporation, the global supplier of automotive seating and electrical systems, reported record sales in the second quarter 2017 of…
There’s no plans to build next-gen Ford Fiesta in Mexico, company official says
27 July, 2017According to Romanian auto news site 0-100.ro, the seventh generation of the Ford Fiesta will be manufactured exclusively at a…
Monterrey-based Grupo Promax opens first Mexican plant in South Korea
26 July, 2017Monterrey-based Grupo Promax has become the first Mexican manufacturer to make a direct investment in South Korea, by opening a…
Mexico-based RuhRPumpen starts manufacturing operations in India
26 July, 2017Mexico-based centrifugal pump manufacturer RuhRPumpen has set up a new plant at Vallam Sipcot Industrial estate in Chennai, India, where…
Grupo Simec’s subsidiary Republic Steel to manufacture pig iron in Ohio
26 July, 2017Ohio-based Republic Steel, a subsidiary of Mexico’s Grupo Simec, announced it has signed Memorandum of Understanding to ERP Iron Ore,…