Manufacturing News

BMW training center set to open in San Luis Potosi by November
German automaker BMW plans to open its Training Center coming November. It will be the first building to formally start operations inside the complex in San Luis Potosi where the company aims to begin the 3 Series sedan production in 2019, local authorities revealed in a press conference.  Gustavo...
New Ford transmission plant starts operations on low-profile mode
Ford’s new transmission plant in Irapuato, Guanajuato, officially started operations last Thursday July 20 with no ceremony in place, according to El Universal newspaper.  The plant was built with a US$ 1.2 billion investment in the premises of supplier Getrag creating 2,000 new permanent jobs....
Mexico beats Brazil in the quest to attract FDI
Despite Brazil offering higher interest rates than Mexico, foreign investors prefer the bonuses Mexico offers, thus disregarding the South American Country, as the political risks and the monetary outlook seems to favor the neighbor South of the U.S. Foreign investment has been declining over the la...
U.S. investment projects going on in Guanajuato
The U.S. Government has adopted a more measured attitude in regards to commerce with Mexico, generating an environment of certainty to invest, considered the Minister of Sustainable  Economic Development in Guanajuato, Guillermo Romero Pacheco. For this reason, investment from the U.S. positively c...
The industry wants more NAFTA, less Asian content
The U.S. government and the Mexican industry agree that future NAFTA negotiations must contemplate that the exchange products contain more regional input, and less Asian origin input, said the President of the Confederation of Industrial Chambers (CONCAMIN), Manuel Herrera. The interest of increasin...