Aerospace logistic park “taking-off” in Guanajuato
The State of Guanajuato is looking to participate in the development of the Mexican aerospace sector, the same way it…
Vitro completes acquisition of Pittsburgh Glass Works for US$ 310 million
Vitro, S.A.B. de C.V., a North American glass producer headquartered in Monterrey, Mexico, announced it completed the acquisition of Pittsburgh…
Drone company starts operations in Yucatan
RHO Group, a manufacturer of research drones for applications in the oil industry for exploration and agriculture tasks, will start…
Tuxpan recieves public-private investment worth US$602 million
The new Tuxpan port has received capital funds valued at US$602 million, through public-private investment for its development, which hence…
Leoni to start operations in Yucatan
Leoni Corporation, a manufacturer of automotive harnesses, is set to start operations in Yucatan in mid- 2018, revealed Jose Alberto…
Businessmen will increase investment in Mexico
Foreign entrepreneurs have decided not only to maintain, but also expand their investment. Jane Fraser, Executive President of Citigroup Corporation,…
APM Terminals opens first phase of US$ 900 million facility in Michoacan
A new docking facility operated by APM Terminals has officially opened at Lazaro Cardenas, Michoacan, on Mexico’s Pacific Coast. The…
Canada is interested in Nuevo Leon
In Nuevo Leon there are plenty of opportunities to invest in all of the economic activity sectors, commented Bez Babakhani,…
Silao automotive school under construction
The construction of the building for the “Richard E. Dauch” Institute of Education and Development has started in Silao, Guanajuato…
Nemak opens US$ 200 million plant in Nuevo Leon
7 March, 2017Monterrey-based automotive supplier Nemak opened a US$ 200 million to produce aluminum parts in Garcia, Nuevo Leon. The production site…
Mining exports exceeding US$15 billion
7 March, 2017Mario Alfonso Cantu Suarez, Mining Sub-secretary of the Ministry of Economy, informed that gold, silver copper and zinc exports, among…
Grupo Simec reports strong 2016 earnings; new plant in the works
7 March, 2017Mexican steelmaker Grupo Simec reported net earnings of US$ 266 million in 2016, compared with a US$ 163 million net…
French firm Sarrel builds US$50 million plant in Guanajuato
7 March, 2017French auto parts manufacturer Sarrel broke ground in recent days for the construction of a manufacturing plant, with a US$…
Toyota grants Contribution Award to Mexican auto supplier Metalsa
7 March, 2017Mexico-based Metalsa, a supplier of structural components for light and commercial vehicles, was recognized in recent days with the Regional…
Ford starts recruitment for transmission plant in Irapuato
7 March, 2017Ford Motor Company started recruitment for its new transmission plant scheduled to start operations by the end of this year in…
AK Tube opens US$ 10 million plant in Queretaro
7 March, 2017U.S.-based steel tube manufacturer AK Tube opened a US$ 10 million plant in Queretaro, its first facility abroad. The new…
Sweden-based SCA plans US$ 105 million investment in Mexico
7 March, 2017SCA, a global hygiene products company based in Sweden, announced plans to invest about US$ 105 million to further strengthen…
Magna’s quarterly report warns about protectionism in North America
7 March, 2017Canadian auto supplier Magna International, North America biggest auto parts maker, said the growth of “protectionist sentiments” could hurt its…
SunPower to expand operations in Mexicali
7 March, 2017U.S.-based photovoltaic module manufacturer SunPower has signed a joint venture partnership in China to produce both solar cells and modules…
Dana Inc. earnings increase 29% in 2016
7 March, 2017Dana Inc., the supplier of engineered solutions for powered vehicles and machinery, announced its adjusted earnings increased 29% in 2016,…
