Volkswagen buys 16.6% stake in Navistar trucks
Volkswagen has moved to purchase a 16.6-percent stake in truck company Navistar for US$ 256 million, Reuters reported. The move…
Sempra Energy buys biggest wind farm in Mexico
Infraestructura Energetica Nova SA (Ienova) announced it has agreed to buy the Ventika wind energy complex located in General Bravo,…
Lego expands production capacity in Mexico to meet US demand
Lego, the Danish toy company, best known for its building bricks, had a decline in revenue growth and profits for…
A look inside Safran operations in Mexico
Safran is a world-class manufacturer of aircraft and rocket engines and propulsion systems, and aircraft equipment. We give our…
Two German firms team up for joint venture in Queretaro
Prettl Manufacturing and RavenTech GmbH have set up a 50:50 joint venture in Queretaro, Mexico, to develop and mold parts…
Korea-based auto supplier Yura opens US$ 45 million plant in Torreon
Korea-based Yura Corporation opened its first plant in Torreon, Coahuila, which will hire up to 4,000 workers once it operates…
Heil Trailer expands its line of stainless steel products
Heil Trailer International has expanded its line of stainless steel products for the 2017 model year in a variety of…
Autoneum inaugurates second plant in Mexico, breaks ground for a third
As Switzerland-based auto supplier Autoneum inaugurated its second plant in Mexico last week, company officials laid the foundation stone simultaneously…
Iberdrola to build solar plant in Mexico
Spanish utility Iberdrola plans to build its first solar park in Mexico, of 200 MW in total, with the project…
Kia Mexico sales grow 260 percent during July
2 September, 2016South Korea’s automaker Kia Motors Corp. again renewed its monthly sales record in Mexico in July, market data showed, suggesting…
Germany-based auto supplier Brose builds its fourth plant in Mexico
2 September, 2016Germany-based auto supplier Brose recently held a ceremony to lay the foundation stone for its new 56,000 square-meter manufacturing facility in…
Mexico grants three exploration permits for geothermal energy
2 September, 2016Mexico’s Ministry of Energy, through the Directorate General of Clean Energy, announced having awarded three new exploration permits for geothermal…
BMW launches training program in San Luis Potosi
1 September, 2016As BMW Manufacturing Co. prepares to open another production facility in San Luis Potosi, the company has started actively training…
Tristone Flowtech expands operations in Chihuahua
1 September, 2016Frankfurt-based Tristone Flowtech Group GmbH has been preparing for more than a year to add plants in Mexico and India….
MEXICONOW Issue 84
1 September, 2016Sept – Oct 2016
Mexico’s Electronics Industry reaches for Innovation
1 September, 2016Beyond “Fast, custom and bulky” By Sergio L. Ornelas, Editor MEXICONOW Gordon Moore co-founded Intel, the chipmaker, in 1971. At that…
Finland in Mexico
1 September, 2016MEXICONOW Staff Report On May of 2015, Sauli Niiniströ, President of Finland made his first State Visit to Mexico to…
JK Tyre aims for aviation sector
1 September, 2016JK Tyre & Industries Ltd, a company which ranks amongst the top 25 tire manufacturers in the world and has…
GCC to buy assets for US$ 306 million from Cemex
1 September, 2016Mexico’s Cemex, one of the world’s largest cement producers, agreed to sell some of its U.S. assets to Grupo Cementos…
Toyoda Gosei will invest US$ 35.5 million to increase production up to 50%
1 September, 2016Toyoda Gosei Co. Ltd. plans to expand its facility in Mexico with a $35.5 million investment in response to increased…
