Bombardier delivers first out of 12 light rail vehicles to Guadalajara city
Bombardier Transportation delivered the first TEG-15 model light rail vehicle (LRV) in the city of Guadalajara, Mexico. The vehicle is…
9,000 new jobs to be created in Coahuila
At least 9,000 jobs have been created in Coahuila during 2017, thanks to investment, both foreign and local. Jose Antonio…
Germany interested in investing in Mexico
Presidents of German companies, members of the Latin America Committee of German Entrepreneurs (LADW), clearly asserted that German entrepreneurs are…
SSI Schaefer Group opens plant in San Luis Potosi to supply packaging solutions
The Packaging Systems Division of SSI Schaefer Systems International, a manufacturer of reusable packaging systems, has expanded production capabilities with…
German auto supplier ZF, with 11 plants in Mexico, reports nearly US$ 1 billion profit
Germany-based auto supplier ZF reported its profits for 2016 were slightly lower compared to 2015 results. In the first full…
Continental opens US$ 167 million plant in San Luis Potosi
Germany-based auto supplier Continental started operations in recent days at a new plant located in San Luis Potosi after a…
Italy-based Enel breaks ground in Mexico for “largest solar plant in the Americas”
Italy-based Enel S.p.A. announced its Mexican renewable subsidiary Enel Green Power México (EGPM), has started breaking ground in the Northern…
Joint venture led by Carlos Slim introduces first two built-in-Mexico SUVs
Jianghai Automobile Company (JAC) introduced two SUVs built in Mexico by a joint venture where Carlos Slim’s financial company Inbursa…
Grupo Mexico’s transport division acquires Florida East Coast Railway for US$ 2.1 billion
GMéxico Transportes S.A. de C.V. (GMXT), the transportation business unit of Grupo México, and the Florida East Coast Railway Holdings…
Mexico to lead AB InBev’s crusade for renewable energy
28 March, 2017Anheuser-Busch InBev NV, the world’s biggest beer maker, announced plans to get all of its electricity from renewable sources by…
Palsgaard Mexican plant achieves CO2-neutrality
28 March, 2017Danish emulsifier/stabilizer specialist Palsgaard announced it has become the first industrial company in Mexico to achieve CO2-neutrality at its plant,…
Spain-based automaker Seat plans to build cars in Mexico
27 March, 2017Spain-based automaker Seat considers building cars in Mexico using facilities owned by Volkswagen, its parent company, company’s executives revealed in…
BRP, which operates three plants in Mexico, reports strong fourth quarter profits
27 March, 2017Bombardier’s Recreational Products division BRP reported a stronger-than-expected fourth quarter which ended on January 31, 2017. The company obtained a…
IEnova builds US$ 115 million solar plant in Sonora to supply power for Deacero
27 March, 2017Mexican energy infrastructure firm IEnova and steel manufacturer Deacero had signed a 20-year deal to supply the latter with renewable…
Italy-based Enel starts construction of wind farm in Coahuila
27 March, 2017Enel Green Power México (EGPM), the Mexican renewables unit of energy giant Enel started the construction of a 200-MW wind…
KKR completes acquisition of Calsonic Kansei, five Mexican plants included
27 March, 2017Investment firm KKR announced that it has completed its deal to acquire Japan-based auto supplier Calsonic Kansei Corporation, including the…
French firm Demotechnic builds interior components plant in Guanajuato
27 March, 2017Demotechnic, a subsidiary of France-based Safe Group, started the construction of a plant in the state of Guanajuato. During its…
Spain-based Gestamp to enter stock market valued at US$ 3.8 billion
27 March, 2017Spanish auto parts supplier Gestamp announced it would price its initial public offering (IPO) at 5.6 to 6.7 euros per…
The automotive sector has arrived in San Francisco del Rincon
25 March, 2017Japanese corporation Yakazi, an automotive harnesses producer, opened recently new job vacancies for different areas of production in San Francisco…
ProMexico estimates investment worth US$14 billion in 2017
25 March, 2017Mexico is expected to attract FDI investment valued at US$14.4 billion in 2017, said Paulo Carreño King, Director of ProMexico….
