Beer company interested in investing in SLP
SAN LUIS POTOSI – Juan Carlos Valladares Eichelmann, head of the Secretariat of Economic Development (SEDECO), said that the agency…
Mexico expands its advantage as an automotive supplier to the U.S.
MEXICO – Since 2012, the share of Mexico’s manufactured product has increased almost uninterruptedly and the outlook is favorable due…
Nearshoring boosts foreign direct investment attraction
MEXICO – The Ministry of Economy announced that, during 2022, foreign direct investment was of US$35 billion, 12% more than…
Mexico’s gross fixed investment grew by 6.6% year-on-year in November
MEXICO – Mexico’s gross fixed investment grew by 6.6% year-on-year last November, driven in particular by the machinery and equipment…
Nearshoring, an opportunity for LATAM in 2023: Meor
MEXICO – According to the Inter-American Development Bank (IDB), medium-term nearshoring opportunities for LATAM will reach US$78 billion in new…
American Industries to invest US$150 million in Chihuahua
JUAREZ, CHIH – American Industries announced that it will invest US$150 million in 2023 to add 140 new hectares to…
Guanajuato ranks fourth in auto parts manufacturing
GUANAJUATO – According to data from the Automotive Cluster, the state of Guanajuato ranks fourth in auto parts manufacturing, after…
Jalisco was the largest generator of employment in the country during January
JALISCO – During January, Jalisco generated 18,294 new jobs, making it the largest generator of jobs in the country, according…
Microsoft prepares data centers region in Queretaro
QUERETARO – Microsoft is preparing the installation of its new data center region, the first Spanish-speaking data center in Mexico…
Government of Sonora will allocate US$10 million for industrial park expansion
8 February, 2023CIUDAD OBREGON, SON – Given its weight in industrial activities and the need to compete for nearshoring, the government of…
Unilever announces investment of US$400 million in Nuevo Leon
8 February, 2023NUEVO LEON – Unilever announced that it will invest US$400 million over the next three years to build a new…
Sales, production and exports of vehicles increase in Mexico
7 February, 2023MEXICO – The automotive industry started 2023 on the right foot, with an annual increase in sales in the domestic…
Nissan to produce a new model for Renault in Mexico
7 February, 2023MEXICO – Nissan will produce a new model for the Renault Group in Mexico, which will be the first Renault…
China’s Automotive Industry: 2022 Review and 2023 Outlook
7 February, 2023GlobalAutoIndustry.com’s latest Audio Interview “China’s Automotive Industry: 2022 Review and 2023 Outlook” features Bill Russo. Mr. Russo is the Shanghai-based…
Navistar invests US$120 million to expand its operations in NL
7 February, 2023ESCOBEDO, NL – Navistar will invest US$120 million over the next three years to expand the cab painting area at…
NL presents its road plan and Port Colombia modernization project to Texas
7 February, 2023NUEVO LEON – Officials from the government of Nuevo Leon, Mexico held a meeting with Texas authorities to present its…
BMW to produce lithium batteries in San Luis Potosi
3 February, 2023SAN LUIS POTOSI – BMW announced an investment of 800 million euros in the San Luis Potosi plant, which began…
SKF announces new plant in Monterrey
3 February, 2023MONTERREY, NL – SKF will invest US$68 million in the construction of a new plant in Monterrey, Nuevo Leon, where…
GKN Aerospace invests more than US$10 million in Chihuahua
3 February, 2023CHIHUAHUA – With an investment of US$10.5 billion, the expansion of GKN Aerospace was announced, which will generate 350 high-value…
Nanosatellite to be built to monitor volcanoes in Mexico
3 February, 2023PUEBLA – After experiencing the success of the first nanosatellite built by students and professors of the Universidad Popular AutĂłnoma…