Mexican auto sales drop 6.5% in August, year-to-date deliveries still up 0.3%
Mexican auto dealers sold 125,331 light vehicles in the eighth month of 2017, 6.5% less than the 134,043 vehicles delivered…
Hurricane Harvey weakens US auto sales in August
Just when most analysts expected August will bring the first net increase of auto sales in the U.S. market, Hurricane…
Volvo’s new US plant to rely on at least 29 suppliers from Mexico
Volvo’s marketing officials in Mexico revealed the company’s new plant, scheduled to start production by the third quarter of 2018…
VOXX International completes sale of Hirschmann subsidiary, a Queretaro plant included
VOXX International Corporation announced that it has closed on its previously announced sale of Hirschmann Car Communication GmbH and its…
Second round of NAFTA renegotiations starts in Mexico City
With 25 working groups, round two of NAFTA renegotiations started Friday in Mexico City, where trade representatives from Canada and…
Sigma Alimentos acquires remaining shares of Romanian firm Caroli Foods Group
Romania-based Caroli Foods Group, ranked at the top of the 10 biggest companies in the European meat industry, was taken…
Aluminum wheels manufacturer plans US$ 170 million expansion in Tijuana
Prime Wheel, an aluminum wheel manufacturer which supplies both automakers and aftermarket businesses, announced plans to invest US$ 170 million…
Mondelez invests US$ 133 million over 3 years at Puebla facility
New Jersey-based confectionery, food and beverage conglomerate Mondelez announced it has invested US$ 133 million over the last three years…
MEXICONOW Issue 90
Sept – Oct 2017
BĂĽhler Motor plant in Chihuahua achieves new medical certification
1 September, 2017Germany-based mechatronic drive solutions manufacturer BĂĽhler Motor announced its Chihuahua facility has now gained an additional quality certification for medical…
KCS, Bulkmatic joint venture to build US$ 50 million fuel terminal in Nuevo Leon
1 September, 2017Kansas City Southern (KCS) and Bulkmatic Transport Company (Bulkmatic) announced a memorandum of understanding to form a 50/50 joint venture…
Harvey hits refineries responsible for more than 30% of US processing capacity
1 September, 2017Hurricane Harvey’ damage in the Houston area has affected a group of refineries responsible for more than 30% of U.S….
Taiwanese auto supplier breaks ground for US$ 55 million plant in Guanajuato
31 August, 2017Taiwan-based auto parts manufacturer Macauto broke ground in recent days at the Municipality of Leon, Guanajuato, to build a manufacturing…
Norway-based Kongsberg Automotive to consolidate production at Tamaulipas facility
30 August, 2017Norway-based automotive parts manufacturer Kongsberg Automotive announced plans to consolidate operations from its Fluid Transfer Systems (FTS) division in a…
Grupo Bimbo builds US$ 124 million distribution center in Mexico City
30 August, 2017Mexico-based Grupo Bimbo, the world’s largest baking company, broke ground for its new Metropolitan Distribution Center located in the Azcapotzalco…
Chinese manufacturer sticks to plan to open facility in Mexico next year
30 August, 2017Chinese ball bearing supplier CW Bearing opened a new manufacturing facility in Northville Township, Michigan. At the ribbon cutting ceremony,…
French aero structures manufacturer Daher opens new facility in Queretaro
30 August, 2017French aero structures manufacturer Daher today officially opened a new production and logistics site at Queretaro’s Aerospace Park to supply…
Crown Holdings opens in Nuevo Leon its sixth Mexican plant
30 August, 2017Beverage packaging specialist Crown Holdings today officially opened a new production facility in the Municipality of Juarez, Nuevo Leon, in…
Chinese investors to develop 2,100-acre industrial park in Nuevo Leon
29 August, 2017Mexican and Chinese investors broke ground in recent days to build a new industrial park in the municipality of Salinas…
United Technologies nears acquisition of Rockwell Collins for US$ 20 billion
29 August, 2017United Technologies Corp. is close to reach a deal to purchase Rockwell Collins Inc. for over US$ 20 billion, the…
