US$ 36 billion investment for digitization of Mexican companies
A company’s digitization goes far beyond software and machines. It is a transformation that might increase any firm’s productivity and…
Plant in Celaya, the largest Avon facilities in the world
Avon Cosmetics Celaya is the largest of the nine factories the Firm owns around the world, as it is the…
Italian Company injects US$ 5.9 million to Jalisco’s economy
Governor Aristoteles Sandoval made an official announcement as the Italian firm Euroestampa, in the label printing business worldwide, decided to…
New Heineken plant in Chihuahua construction at 50%
Tecate is looking to reach 70 countries in the world, after becoming the second Mexican brand in the Heineken global…
French investment growing
French investment is earning a spot in the Mexican economy. Foreign Direct Investment (FDI) from France in Mexico totaled US$…
Railroad projects for SEZ valued at US$715: AMF
The economic resources required to develop the railroad infrastructure in the Special Economic Zones is coming from the public and…
Tijuana investment duplicating
Tacna Corporation, dedicated to promoting investment in Baja California, estimates that, between the installation of new plants and the expansion…
43 automotive providers to be installed soon in Tlaxcala
The Secretary of Economic Development in the State, Jorge Luis Vasquez Rodriguez, affirmed that this office is currently in the…
MEXICONOW Issue 88
May – Jun 2017
Ford’s profits fall 35% amid recalls, lower sales and a plant cancellation in Mexico
28 April, 2017Ford Motor Co.’s profit fell 35% to US$ 1.6 billion -or US$ 0.40 per share- in the first quarter, affected…
Investment firm acquires Maysteel Industries, deal includes a plant in Monterrey
28 April, 2017Wisconsin-based Maysteel Industries LLC has been acquired by Savannah, Georgia-based LJC Investments III LLC, an investment fund of Littlejohn Capital…
Precision Cable Assemblies opens plant in Monterrey
28 April, 2017Precision Cable Assemblies, Inc. (PCA) announced the opening of its newest Harness and Cable manufacturing facility located in Monterrey, Nuevo…
Nissan Mexico reaches record levels in production, sales during March
28 April, 2017Nissan Motor’s global sales and production rose to record levels in the twelve-month period ending March 31, 2017, driven by…
Lear Corporation reports record sales, earnings for first quarter 2017
27 April, 2017Lear Corporation, a leading global supplier of automotive seating and electrical systems, reported record sales and earnings for the first…
U.S. auto industry accelerated automation in 2016
27 April, 2017The U.S. manufacturing industry installed 31,500 robots during 2016, out of those a new record of approximately 17,500 units went…
Daimler net profit doubles boosted in part by record sales in Mexico
27 April, 2017Daimler reported its net profit doubled during first quarter 2017 on the back of record sales and revenues. The company’s…
Mexico’s heavy truck output dropped 20% in February
27 April, 2017Mexico exported 7,500 heavy trucks during February, 24.6% less units than same month from 2016, according to figures by the…
Tesla follows Audi’s strategy in Mexico to meet production deadline
26 April, 2017According to a report by Reuters, Tesla CEO Elon Musk is skipping key testing processes to launch its Model 3 sedan by…
Mexico’s auto imports reach record high in first quarter 2017
26 April, 2017For the first time, Mexico’s auto imports surpassed the 200,000 units milestone in a three-month period. According to the Mexican…
Rockwell Collins completes acquisition of B/E Aerospace, a Mexican plant included
26 April, 2017Rockwell Collins, Inc announced it has successfully completed the acquisition of B/E Aerospace, a leading manufacturer of aircraft cabin interior…
