First stone laid at SkyPlus Aeronautic Park
With a US$20 million investment, the construction of the SkyPlus Park Industrial, in the State of Guanajuato, is officially started….
Fresnillo investment increasing 71% this year
Mining Company Fresnillo plc., a subsidiary of Industrias Peñoles, will invest roughly US$950 million in 2017, that is 71% more…
Agri-Products driving exports
The Mexican agri-sector is maintaining its dynamism thanks to the most valued products in 170 countries where Mexico exports: tomato,…
Inauguration of the first refrigerated chamber for cold chain
The logistics firm Onest, inaugurated its first refrigerated chamber for cold chain management, with investment valued at US$300,000. This chamber…
Le Coq Sportif to manufacture sneakers in Guanajuato
The French brand Le Coq Sportif, is going to put in the hands of Leon, Guanajuato manufacturers the production of…
Nissan Kicks may enter U.S. market in 2018
While Nissan has not officially disclosed plans for the Kicks in the U.S. market, the unit has been spotted on…
Border-adjusted tax chills investment at the border
The border-adjusted tax proposed by president Donald Trump worries to the industry and many investors have hold their projects until…
GKN will manufacture propshafts in Mexico for the first time
UK-based GKN Driveline announced it has created a new lightweight, high-speed propshaft joint for the all-new Audi Q5. Thanks to…
MEXICONOW Issue 87
Mar – Apr 2017
Nidec plans to expand steel press machinery output for Mexican market
25 February, 2017With an eye on growing demand for high-tensile steel used in automobiles, Kyoto-based manufacturer Nidec announced plans to produce large…
Cummins revenues, profits fall in 2016
24 February, 2017Diesel engines and solutions manufacturer Cummins reported revenues for the full year 2016 of US$ 17.5 billion, 8% lower than…
Japanese airline ANA launches route to Mexico City
24 February, 2017All Nippon Airways (ANA) began running flights between Narita Airport near Tokyo and Mexico City, targeting business travelers at Japanese…
Bridgestone to keep NAFTA operations unchanged
24 February, 2017Bridgestone has no plans to adjust its operations in response to President Donald Trump’s policies, the CEO of the world…
Yusen Logistics opens US$ 13 million facility in Guanajuato
22 February, 2017Yusen Logistics, a leading third-party logistics provider, opened a 53,820-square-foot logistics center near Celaya, Guanajuato, to provide services to its…
Advanced materials manufacturer Toray expands operations in Jalisco
22 February, 2017Toray Industries will embark in a major expansion of its carbon fiber business over the next few years. To that…
Automotive sector creates the best paid jobs in 4 out of 6 Mexican regions
22 February, 2017Human capital firm Adecco Mexico revealed that automotive salaries are among the highest compared to other sectors in four out…
Flex acquires AGM Automotive; deal includes a Queretaro plant
22 February, 2017Technological manufacturer Flex, formerly Flextronics, announced that it has entered into a definitive agreement to acquire AGM Automotive (AGM). AGM…
Mexican-Canadian joint venture to develop power infrastructure in San Luis Potosi
21 February, 2017Canadian developer ATCO partnered with Mexican counterpart RANMAN Energy to supply an innovative power generation solution in the rapidly developing…
Queretaro’s automotive investments tripled in 2016
21 February, 2017Foreign direct investment related to the automotive sector more than tripled during 2016 in Queretaro, from US$ 89.9 million US$…
Mexican automotive trade surplus reached US$ 62.9 billion in 2016
21 February, 2017In 2016, Mexican automotive trade surplus reached US$ 62.9 billion, a 1.2% decrease compared to 2015 and first fall since…
