Mexico’s first car-specialized port terminal to start operations in coming weeks
A Specialized Car Terminal (TEA) will start operations in the Port of Lazaro Cardenas, Michoacan, during the first quarter of…
FCA to recall 1.8 million trucks in North America over issue in gear-shifters
Fiat Chrysler Automobiles (FCA) US LLC is voluntarily recalling an estimated 1.48 million trucks in the U.S. to help prevent occupants from…
First BMW X7 pre-production models roll off the South Carolina plant
Production of the first pre-production models of the new BMW X7 Sports Activity Vehicle has commenced at the BMW Group…
Vestas inks 118 MW order for wind park in Tamaulipas
Vestas Wind Systems A/S, a Danish manufacturer of wind turbines, announced it has been awarded with a 118 MW order…
Saint Gobain investing in Coahuila
With a US$135 million investment, French Company Saint Gobain laid the first stone to its second plant in the South…
Russian aircraft sales increasing in Mexico
Both the Russian government and corporations are actively promoting more aircraft sales in Mexico, a market where new contracts are…
MEXICONOW Issue 92
Jan – Feb 2018
AeroMexico evaluates buying Bombardier airplanes
Grupo AeroMexico is considering to order a batch of the C Series airplanes from Canadian firm Bombardier, taking airplanes that…
Swiss oil trader Trafigura becomes first private company to market Mexican crude
Mexico’s National Hydrocarbons Commission (CNH), the country’s oil regulator, announced it has chosen Swiss company Trafigura as a crude oil…
InterGen sells assets in the Mexican energy sector for US$ 1.25 billion
22 December, 2017InterGen, a global power generation firm, announced today that it has entered into an agreement with Actis, an investment firm…
Coahuila closing the year with new Torreon investment
22 December, 2017Investment valued at US$7 million coming to Torreon, was announced by Flejes y Embalajes Industriales Corporation. This new company is…
Company from Germany attracted by Leon’s connectivity
22 December, 2017German Corporation Waldashaft announced officially its arrival in town and its industrial building is currently under construction at the VYNMSA…
3.7 million vehicles, the estimated 2017 production
22 December, 2017The automotive industry is going to close this year with 3.7 million units produced; that is the equivalent to 7%…
Laguna Automotive Cluster, optimistic for 2018
22 December, 2017The Laguna Automotive Cluster (which groups together the cities of Torreon and Gomez Palacio) is seeing an optimistic outlook for…
Michelin builds US$ 10 million corporate site in Queretaro
22 December, 2017French tire manufacturer Michelin plans to invest US$ 10 million to build a new corporate site in Queretaro, Mike Boggs,…
Germany-based SchĂĽtz acquires biggest Mexican manufacturer of industrial containers
22 December, 2017SchĂĽtz GmbH & Co., a German manufacturer of packaging systems, announced it has signed a purchase agreement for 100% of…
Canada-based ATCO acquires US$ 116 million hydroelectric power station in Veracruz
22 December, 2017Canadian diversified global corporation ATCO announced today that through its subsidiary Canadian Utilities Limited, has entered into an agreement with…
Chilean company Arauco acquires US$ 245 million worth of assets in Mexico
21 December, 2017Arauco, a Chilean producer of pulp, timber, construction materials and composite panels, announced the acquisition of US$ 245 million worth…
Technology Conservation Group relocates to an expanded facility in Jalisco
21 December, 2017Technology Conservation Group, Inc. (TCG), a Florida-based electronics recycler and IT asset disposition service provider, announced it has relocated its…
Enel’s photovoltaic plant becomes operational 9 months ahead of schedule
21 December, 2017Mexico’s Secretary of Energy announced a solar project of Italian energy group Enel SpA located at the Northern state of…
