Despite a 12.5% increase in exports, Mexico’s trade deficit hikes 27% in January
Mexico’s total exports increased 12.5% at annual rate in January despite uncertainty over the renegotiation of the North American Free…
Michigan-based Gentherm posts record revenues boosted in part by recent acquisition
Michigan-based Gentherm, a developer and manufacturer of thermal management technologies, reached record revenues of US$ 257.2 million during the fourth…
Heineken inaugurates in Chihuahua its most sustainable brewery worldwide
Heineken-Cuauhtemoc Moctezuma today inaugurated in the municipality of Meoqui, Chihuahua, its seventh brewery in Mexico and, according to the company,…
Despite uncertainty on NAFTA, Mexico’s FDI increases 11% during 2017
In 2017, Mexico received US$ 29.7 billion in Foreign Direct Investment (FDI), despite the uncertainty generated by the renegotiation of…
Spain-based Eosol breaks ground for US$ 100 million photovoltaic plant in Durango
Spain-based renewable energy developer Eosol in recent days broke ground in order to build a 108-MW solar power plant in…
Chassis Brakes International aims for autonomous vehicles with by-wire brake system
As Chassis Brakes International readies to begin production at its new 100,000-sq.-ft. plant in Queretaro, Mexico, the company unveiled an…
Pirelli’s second plant in Guanajuato begins operations ahead of schedule
Italian tire manufacturer Pirelli has begun operations earlier than originally planned at its second production plant in Mexico, aiming to…
SEAT turns Cupra into an independent brand
Last week, Spain-based automaker SEAT announced it will launch Cupra as a new brand with its own distinct identity. The…
US softens stand on rules of origin; Canadian proposal gains momentum, says insider
At a discussion panel held in Windsor, Ontario last week, Flavio Volpe, president of Canada’s Automotive Parts Manufacturers’ Association, said…
Harting Technology Group plans to quadruple its workforce at Guanajuato plant
24 February, 2018The Harting Technology Group, a Germany-based developer and manufacturer of connectivity solutions, this week announced plans to further expand its…
Estafeta investing US$18 million this year
24 February, 2018The Mexican logistic, courier and parcel provider Estafeta, announced an upcoming investment worth US$18 million during 2018 to strengthen its…
Iberdrola to invest over US$2.8 billion in Mexico
24 February, 2018According to its strategic plan, electrical energy producer Iberdrola, announced new investment valued at US$2.8 billion for the 2018-2022 period…
Costco completes US$40 million investment for Lindavista unit
23 February, 2018Costco has completed a US$40 million investment to start operations at the new unit, which is the number 38 location…
Transitions Optical Mexico inaugurates its fifth plant
23 February, 2018With a US$7.5 million investment, Essilor Corporation inaugurated its fifth Transitions Optical Mexico plant, to produce ophthalmic prescription glasses. This…
BC promoting medical industry in the US
23 February, 2018Baja California went on a commercial tour through Anaheim, California, to promote local medical industry design and manufacture in the…
Bosch looks for innovative solutions through Hackathon in Juarez
23 February, 2018Nancy Gonzalez/MexicoNow Students and entrepreneurs from Juarez, El Paso, and Las Cruces have 72 hours to find an innovative, efficient,…
Bombardier suggests monorail to connect the New Airport
22 February, 2018Bombardier, a Canadian train manufacturer, affirms that the monorail is the railway transport model that is needed to connect the…
North American Corporation Generac purchases Selmec
22 February, 2018North American Company Generac Holdings Inc. —manufacturer of internal combustion propelled motor equipment— reached an agreement with the Enesa Group…
Atlas Eolico Mexicano begins operations in its 1st stage
22 February, 2018With a US$2 million investment, Mexico’s Ministry of Energy (SENER) started operations of the first stage of the Atlas Eolico…
Grupo Mexico Transportes to invest US$410 million in 2018
22 February, 2018GMexico Transportes, the railroad division of Grupo Mexico, is planning to invest US$410 million, including the US$6.5 million that were…
