Mining exports exceeding US$15 billion
Mario Alfonso Cantu Suarez, Mining Sub-secretary of the Ministry of Economy, informed that gold, silver copper and zinc exports, among…
Grupo Simec reports strong 2016 earnings; new plant in the works
Mexican steelmaker Grupo Simec reported net earnings of US$ 266 million in 2016, compared with a US$ 163 million net…
French firm Sarrel builds US$50 million plant in Guanajuato
French auto parts manufacturer Sarrel broke ground in recent days for the construction of a manufacturing plant, with a US$…
Toyota grants Contribution Award to Mexican auto supplier Metalsa
Mexico-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
Ford 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
U.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
SCA, 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
Canadian 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
U.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,…
BBVA Group announces millionaire investment in Mexico
6 March, 2017The president of Bilbao Bank Vizcaya Argentaria, Francisco González informed that the Spanish BBVA Group will invest US$1.5 billion in…
Opportunity to study with the NASA
6 March, 2017The challenge of giving formation to Mexican youth with skills for space is going the right way; such news became…
Aviation summit, part of the FAMEX 2017
6 March, 2017The Mexican Air Force has announced the upcoming Mexico Aerospace Summit, to be held in the framework of the Mexican…
MBD: from the military to the aerospace industry
6 March, 20175% of manufacturing companies worldwide use MBD technology (Model Based Definition), which eliminates the usage of 2D design and saves…
Queretaro competes for new investment from Safran
6 March, 2017Queretaro is still competing to attract the seventh investment project by Safran Group, along with Chihuahua, Monaco and India, said…
Mopar analyzes bringing Magneti Marelli to Mexico
6 March, 2017Auto part manufacturer Mopar, announced its objective of introducing in Mexico its Magneti Marelli distributor and thus extend its market…
Automotive paint sector raising investments in Mexico
6 March, 2017The automotive paint industry is planning to increase in investment in the near future. Axalta commercial director, Luis Espericueta, comments…
Italy-based Ferper Springs starts operations in Tlaxcala
6 March, 2017Italian manufacturer Ferper Springs started operations in Tlaxcala state to produce coils and springs for automotive components. The company invested…
Chinese manufacturer Sonavox builds plant to supply VW, Audi
6 March, 2017China-based Sonavox announced plans to build a production site in Tlaxcala to supply speakers to Volkswagen and Audi. Tlaxcala’s Governor,…
Autoneum profits double in 2016 due to operational improvements
6 March, 2017Autoneum, a Switzerland-based manufacturer of vehicle acoustics and thermal management systems reached new highs in 2016 net sales and profitability…