Three Chinese companies to invest US$ 280 million in San Luis Potosi, official says
Three Chinese companies from the automotive sector are due to settle in the city of San Luis Potosi with an…
Honda’s transmission plant in Celaya reaches 500,000 units milestone
Last week, the Honda transmission plant located in Celaya, Guanajuato, produced the continuously variable transmission (CVT) number 500,000, a milestone…
Study by ECLAC highlights potential in Mexican automotive industry
A study in Foreign Direct Investment (FDI) from the Economic Commission for Latin America and the Caribbean (ECLAC) highlights that…
Sales of heavy trucks, buses up 8% in Mexican market during July
Last July, the retail sale of buses and heavy trucks closed at 3,300 vehicles in the Mexican market, which represented…
Daimler Trucks grants Meritor WABCO Masters of Quality Supplier Award
The joint venture Meritor WABCO received the prestigious Masters of Quality Supplier Award from Daimler Trucks North America (DTNA) for…
Nucor acquires St. Louis Cold Drawn; deal includes a production site in Nuevo Leon
Nucor Corporation announced that it has agreed to acquire St. Louis Cold Drawn, Inc., a manufacturer of cold drawn rounds,…
Martinrea expanding operations
With a US$35 million investment, the Martinrea Plant is expanding its production by activating its Tandem Press in Guanajuato Puerto…
Nuevo Leon attracts foreign investment worth US$ 6.7 billion
According to records from the Ministry of Economy and Labor in Nuevo Leon (SEDET), Foreign Investment valued at US$6.7 billion…
Industrial Activities up by 7.9% in Queretaro
Queretaro presented total yearly economic growth rates of 6.1% during the first trimester in 2017, thanks to the Primary, Industrial…
TPI Composites’ net income up 19.8% boosted in part by Mexican operations
11 August, 2017Arizona-based TPI Composites, Inc., an independent manufacturer of composite wind blades with a global footprint, reported a 19.8% increase in…
Spain-based Acciona inks deal to build Mexico’s biggest wind farm
11 August, 2017Spain-based Acciona has been commissioned by Mexican energy company Zuma Energia to build a 424 MW wind farm in Reynosa,…
Toyota pushes back opening of new Mexican facility to early 2020
11 August, 2017Due to a change of plans for the assembly plant under construction in Guanajuato, Mexico, Toyota announced it will delay…
Kia says its Mexican plant is well positioned to deal with NAFTA renegotiation
11 August, 2017Kia Motors considers its assembly plant in Pesqueria, Nuevo Leon would be well-positioned to export its compact vehicles even if…
London-based Cubico raises US$ 450 million for two renewable energy projects in Mexico
10 August, 2017Cubico Sustainable Investments, a London-based firm specialized in renewable energy projects, announced it has achieved financial closing for the 250…
Analyst: Toyota 4Runner, the SUV likely to build in Guanajuato
10 August, 2017Since Toyota Motor Corp announced its plans last week to build Tacoma pickups and possibly SUVs at the production plant…
Grupo GLN from Portugal got installed in Queretaro
10 August, 2017Grupo GLN, a Portuguese company in the business of making technical high precision molds and plastic injection, announced the inauguration…
Oil entrepreneurs from Texas looking for providers in Chihuahua
10 August, 2017The Department of Energy at the Ministry of Innovation and Economic Development (SIDE) will meet with providers of metal-mechanic sector…
FDI in Nuevo Leon adds up to US$ 1.6 billion during the first semester
10 August, 2017The Ministry of Economy and Labor in the State (Sedet) pointed out that 38 investment agreements with foreign companies were…
Mazda ratifies plans in Guanajuato
10 August, 2017“We will continue right on track with our project in Salamanca, we will keep growing as a company and increasing…
Toyota pledges to hire 100% of the staff in the State of Guanajuato
10 August, 2017The Vice President for Mexico Affairs of Toyota Motor, Nobuzo Jun Umemura, reaffirmed the investment commitment of the Japanese company…
