Grupo Deacero joins Japanese firm to enter Mexican automotive steel market
Mexican steel products manufacturer Grupo Deacero is developing a joint venture with Japanese producer Summit Steel Corporation aimed to establish…
Autlan planning to invest US$300 million in Mexico
Mining Corporation Autlan is planning to invest US$300 million in Mexico for an operational improvement of its iron alloy plants…
SkyPlus, first Aerospace park in Guanajuato
The first Aerospace Park in Guanajuato, SkyPlus, is offering a competitiveness bonus with 15% annual growth rates and manufacturing costs…
Nuevo Leon to support technology companies
Jaime Parada Avila, director of the Innovation and Technology Transfer Institute in Nuevo Leon, made a petition to local Congress…
Jalisco receiving automotive investment worth over US$5 billion
Jalisco is the ultimate place to invest, engaging companies from the automotive industry. According to information provided by the director…
Volkswagen Puebla plant increases production, exports by 16.9% through September
The assembly plant of Volkswagen in Puebla reported an increase in production of 16.9% from January through September, while exports…
Nissan relies on local production to keep its best-selling brand status
Nissan posted sales of 27,277 vehicles in the Mexican market during October, a 23.5% decrease compared to same month of…
BMW Mexican plant to begin paint shop tests in four months
BMW Mexico confirmed that the construction of the San Luis Potosi plant is 75% completed, according to schedule to start…
Volkswagen plans a full-electric, rear-wheel-drive successor for the Beetle
Volkswagen is developing a proposal to build an electric, rear-wheel-drive successor of the Beetle as part of a range of…
Japanese manufacturer Asahi Kasei to build production site likely in Queretaro
10 November, 2017Asahi Kasei Corp., a Japan-based manufacturer of high performance plastic compounds, confirmed plans to open a production facility in Mexico,…
US sets preliminary 72% tariff on Electrolux Mexico-made washing machines
9 November, 2017Electrolux Major Appliances North America announced it has been informed by the U.S. Department of Commerce (DOC) that a preliminary…
Premium automaker awards KUKA Systems US$ 75 million contract for US, Mexico plants
9 November, 2017Automated solutions supplier KUKA Systems announced has received three major new systems contracts from a leading manufacturer of premium vehicles…
Three companies investing US$800 million to produce energy in Jalisco
9 November, 2017Grupo Dragon, Ele Green Power, from Italy and the Chinese Corporation JINKO Solar, announced investment totaling US$800 million for wind…
Japan-based Toray Industries builds new carbon fiber plant in Jalisco
9 November, 2017Japanese advanced materials manufacturer Toray Industries, Inc. announced that it has developed a new variety of regular tow carbon fiber…
Fibra Plus purchases industrial buildings valued at US$20.4 million
9 November, 2017The Fibra Plus Real Estate Trust Fund, specialized in the development of real estate assets, bought an industrial building complex…
AHMSA investing US$70 million on new electric plant
9 November, 2017Altos Hornos de Mexico (AHMSA) is ready to invest US$70 million on the construction of a new natural gas-powered electric…
BMW inaugurates training center in San Luis Potosi
9 November, 2017BMW inaugurated its Training Center at the Villa de Reyes plant, valued at US$9 million. It is located on a…
Nestlé invests US$ 5.2 million to upgrade dairy factory in Jalisco
9 November, 2017Nestlé Mexico announced a US$ 5.2 million investment in its dairy products factory in Lagos de Moreno, Jalisco, to double…
Nissan launches first hybrid vehicle in Mexico
9 November, 2017Japanese Firm Nissan launched a hybrid version of its X-Trail SUV for the Mexican market, which is going to be…
Broadcom offers US$130 billion for Qualcomm
9 November, 2017Broadcom recently offered US$130 billion for Qualcomm, thus starting an ambitious attempt to complete the largest acquisition yet in the…
