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KAVAK starts operations in Brazil with US$480 million investment
BRASIL – Kavak, the first Mexican startup to reach a value of US$1 billion, announced that it has closed its…
X-Elio to build a 199 MW photovoltaic plant in Mexico
VERACRUZ – X-Elio, a renewable energy group, has closed a US$44.1 million deal with International Finance Corporation (IFC), a member…
Phillips Industries invests US$20 million in Coahuila
ARTEAGA – The automotive supplier Phillips Industries announced a new expansion project at its plant located in Arteaga, Coahuila, with…
GIS invests US$30 million in San Luis Potosí
SAN LUIS POTOSI – GIS announces a US$30 million investment for the capacity expansion of its auto parts foundry at…
Viva Aerobus records US$8 million in net income
MEXICO – In the first half of the year, Viva Aerobus generated a net profit of US$8 million, according to…
Queretaro works on aerospace industry growth
QUERETARO – Aerospace industry is key to the recovery of the economic sector of the state and the country, said…
Whirlpool to invest US$113 million in Coahuila
RAMOS ARIZPE – Whirlpool will invest around US$113 million over the next three years to implement a new production line…
Wistron to invest US$40 million in Juarez
JUAREZ – With an investment of US$40 million, the electronics company Wistron expands its operations in Ciudad Juarez. The Taiwanese…
Marabis Castro del Rio Industrial Park invests US$24 million in Guanajuato
IRAPUATO – The first stone was laid for the sixth stage of the Marabis Castro del Río Industrial Park in…
Finsa acquires portfolio of industrial properties in Nuevo Laredo
NUEVO LAREDO – Finsa, a leading developer of industrial parks in Mexico, announced the purchase of a portfolio of industrial…
Cofece approves purchase of OMA shares from Aerodrome
MEXICO – The plenary session of the Federal Economic Competition Commission (Cofece) authorized the purchase of shares of Grupo Aeroportuario…
Volvo Mexico to start manufacturing electric buses
MEXICO – The Swedish company Volvo is ready to produce electric buses in Mexico and all the development of zero-emission…
KCS de Mexico to invest US$113.5 million in San Luis Potosi
SAN LUIS POTOSI – The president of Kansas City Southern de México, held a meeting with Juan Manuel Carreras López,…
DANA invests US$40 million in Nuevo León
NUEVO LEON – DANA Incorporated, a global Tier 1 supplier, will install a new plant in the municipality of Escobedo,…
Invest In Mexico closes five US$5.3 billion investment projects
GUADALAJARA – Invest In Mexico, the investment attraction platform comprised of 10 member states of the Federalist Alliance, closed five…