Constellation Brands shares fall on election aftermath
Shares of Constellation Brands, parent company of Mexican import beers like Corona and Modelo, plummeted Wednesday after Donald Trump’s surprising…
KIA reaches new incentive agreement with Nuevo Leon authorities
Even though the KIA facility in Pesqueria, Nuevo Leon is up and running, the Government of the State of Nuevo…
Here’s how auto sales went over the NAFTA region during October
Auto sales in the U.S. market fell 5.8 percent in October, marking the first time since the beginning of the…
Mexican auto exports rose 4% in October; domestic sales increased 14.6%
Mexican auto industry produced 328,490 units and exported 255,115 light vehicles in October. That’s a 0.5% increase for the first…
El Paso-based Mount Franklin Foods acquires candy making facility in SC
Mount Franklin Foods, a leading North American manufacturer of high-quality candy and nut products, acquired its first candy making facility…
Toyota, Mazda looking for alliance to develop electric vehicles
Toyota Motor Corp. and Mazda Motor Corp. are involved in talks to cooperate on electric vehicles and connected cars, Automotive News site reported…
Nelson Global and Tube Specialties merge businesses; two Mexican plants involved
Nelson Global Products Inc., a global leader in the design and manufacture of tubular and exhaust products for commercial vehicle…
Hella develops in-seating ambient lighting concept at Jalisco design center
German autoparts supplier Hella is working on technology that can integrate ambient lighting into vehicle seating aiming to help original…
Italy-based Enel Group connects 229MW of wind capacity to Mexican grid
Mexican unit of energy firm Enel connected in recent days 229MW of wind capacity to the state-operated national electricity grid,…
Season Group’s Reynosa facility achieves TS16949 certification
7 November, 2016Season Group’s operation in Reynosa, Mexico, has been formally awarded TS16949 approval, the electronics manufacturing services company announced in a…
Rongtai Group builds facility in Guanajuato for aluminum smelting operations
4 November, 2016Rongtai Group started building its production facility at the industrial park Las Colinas Leon, becoming the first project arriving to Guanajuato…
Toyota tests next generation Corolla to be built in Mexico
4 November, 2016Toyota 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
4 November, 2016Electric components manufacturer Eaton will expand operations in two of its three plants located in Juarez, Chihuahua, during late 2016…
MEXICONOW Issue 85
4 November, 2016Nov – Dec 2016
Frisa opens US$ 150 million specialty steel facility
3 November, 2016Steel products manufacturer Frisa inaugurated its specialty mill in Garcia, Nuevo Leon. The project opened 250 jobs directly. The US$…
Preferred Compounding to open second plant in San Luis Potosi
3 November, 2016Custom mixed rubber compounds supplier Preferred Compounding Corporation is increasing its Mexican production and warehousing facilities by more than 70…
Germany-based Nordex to build wind farm in Tamaulipas
3 November, 2016German-based wind turbine supplier Nordex announced an agreement to build a 168-MW wind power plant for Acciona Energia in the…
American Axle acquires Metaldyne Performance for US$ 3.3 billion, three Mexican plants included
3 November, 2016American 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
3 November, 2016Electronic 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
2 November, 2016Antenna systems manufacturer Kathrein just opened a new office in Mexico City to steer future activities in Latin America. The…
