Toyota tests next generation Corolla to be built in Mexico
Toyota started testing the next-generation Corolla, spy shots published by Autoevolution news site revealed. The 2019 Toyota Corolla, presumably in the early…
Eaton to expand two facilities in Juarez
Electric components manufacturer Eaton will expand operations in two of its three plants located in Juarez, Chihuahua, during late 2016…
MEXICONOW Issue 85
Nov – Dec 2016
Frisa opens US$ 150 million specialty steel facility
Steel products manufacturer Frisa inaugurated its specialty mill in Garcia, Nuevo Leon. The project opened 250 jobs directly. The US$…
Preferred Compounding to open second plant in San Luis Potosi
Custom mixed rubber compounds supplier Preferred Compounding Corporation is increasing its Mexican production and warehousing facilities by more than 70…
Germany-based Nordex to build wind farm in Tamaulipas
German-based wind turbine supplier Nordex announced an agreement to build a 168-MW wind power plant for Acciona Energia in the…
American Axle acquires Metaldyne Performance for US$ 3.3 billion, three Mexican plants included
American Axle & Manufacturing Holdings, Inc. (AAM) and Metaldyne Performance Group Inc. (MPG) announced a definitive merger agreement under which…
Electronic manufacturing services provider Key Tronic announces quarterly results
Electronic manufacturing services (EMS) provider Key Tronic Corporation announced its results for the quarter ended October 1, 2016. For the…
Following production site, antenna manufacturer Kathrein opens office in Mexico
Antenna systems manufacturer Kathrein just opened a new office in Mexico City to steer future activities in Latin America. The…
Standard Motor Products to close plant in Nogales, shift production to Reynosa
2 November, 2016Automotive replacement parts manufacturer and distributor Standard Motor Products announced that it will shift production from a recently acquired Nogales,…
FCA Mexico reports best October sales since 2010
1 November, 2016FCA Mexico reported sales of 8,648 units during October, the highest figure for this month since 2010 and an increase…
Toyota reports 4% increase on Tacoma sales during October in U.S. market
1 November, 2016Toyota reported today a 4 percent sales increase in October for its midsized pickup truck Tacoma, built in San Antonio…
TransForce acquires truckload operation of XPO Logistics, deal includes cross-border business
1 November, 2016TransForce Inc., a North American leader in the transportation and logistics industry, announced that a wholly-owned subsidiary has acquired the…
PPG Industries completes first phase of expansion at Mexican facility
31 October, 2016Pittsburgh-based PPG Industries announced the completion of the first phase of an expansion project at its facility in Tepotzotlan, State…
Constellation Brands to buy brewery in Obregon, Sonora, for US$ 600 million
31 October, 2016Constellation Brands announced today an agreement to buy a brewery in Obregon, in the northern State of Sonora, for US$ 600 million…
Connector manufacturer ODU opens plant near Tijuana
31 October, 2016Germany-based electronic connector manufacturer ODU has opened a new production site near the border city of Tijuana, the company announced…
Synthetic rubber manufacturer QSR to start operations in Queretaro
31 October, 2016Quality Synthetic Rubber Inc. will start operations at a manufacturing facility in Queretaro on November 15. According to a press…
Bendix starts production of driver control modules at Coahuila facility
29 October, 2016After a US$ 4.6 million investment and an intense planning effort that began in 2014, Ohio-based autoparts manufacturer Bendix began to…
Tire manufacturer Hankook considers Mexico for a new plant
28 October, 2016Currently ranked seventh in the world, Korea-based Hankook Tire Co. Ltd. announced at a press event its ambitions to be…
Strattec profits fall due to business challenges and investments
28 October, 2016Cost pressures from automakers and higher expenses linked to new products and a new factory reduced Strattec Security Corp. net income…
