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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…

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