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Last News
  • Lack of safety does not affect investments in NL
  • New automotive plant opened in Silao
  • Mexico’s economy grew 4.6% in the first quarter
  • Nissan delivered 50 Leaf electric taxis to Aguascalientes for MXP$35 million
  • Delta keeps investing in Mexico
  • Bazz Houston ITAR Registered
  • Chihuahua’s leadership in maquiladora industry at risk
  • Companies encouraged to invest in renewable energies
  • THK starts operations in Guanajuato
  • Derramadero will receive German investments
  • Saltillo will offer 1,246 jobs
  • USD/MXP rate of exchange shoots up due to Greek crisis
  • Bombardier: 20 years at full speed
  • Automotive production in Mexico hits new record
  • México is better: Ferrari
  • Businessmen see good 2012 start
  • Cargo movement up 18% in Veracruz to March
  • Latin America, a refuge for Spaniard investment
  • UP considers Texas a strategic border with Mexico
  • Maquila suppliers certified
  • Lack of safety does not affect investments in NL Monterrey, Nuevo Leon.-Even if lack of safety is a reason of concern for Spaniard community, it would not affect the arrival of companies from the Old Continent, Jose Manuel Ramirez Arrazola, Spaniard Consul in Monterrey, pointed out.
    Prior to a meeting in the Government Palace with the Secretary of the Interior, Alvaro Ibarra, Ramirez Arrazola pointed-out that even if lack of safety in Nuevo Leon is a reason of concern for the Spaniard government, it would not stop Spaniard companies from entering commercial and business agreements at the state, and further said that there are close to 400 Spaniard companies established in Nuevo Leon.
    “I think there are Spaniard companies here that know they can work here in Nuevo Leon, resting fully assured on the effort being made by Nuevo Leon’s Government and Mexico’s Government in general to fight violence and lack of safety; there are close to 400 companies, between small and big, established here”, he said.
    Mr. Ramirez Arrazola further said that trade channels between Nuevo Leon and Spain have always been open to investments, and that the growth rate at this state is as high as countries of international size, speaking in trade terms, such as India.
    18/05/2012 | Comments
    New automotive plant opened in Silao Silao, Guanajuato.-Only a day after Japanese investors broke ground in Guanajuato Inland Port to build the premises that will host the automotive supplier THK, another company from this sector was inaugurated in Silao.
    Investors from the United States opened ACCUGEARin Las Colinas Industrial Plant; components for automotive differentials will be manufactured in this plant.
    This is an extension of American Axle, a company that has been making business for 15 years now at this municipality. Richard Dauchs, the company’s President, said that the factory inaugurated yesterday is devoted to assembling auto parts for vehicles built in five countries, such as the United States, Brazil and even Mexico.
    ACCUGEAR will initially generate 90 jobs in Silao, but Mr. Dauchs called workers to do their best so that their labor force grows throughout the years. Also, around 150 mixed jobs related to this investment should be created.
    18/05/2012 | Comments
    Mexico’s economy grew 4.6% in the first quarter Mexico City.- Mexico’s economy grew 4.6% in the first three months of this year over even term in 2011; the growth was higher than expected by analysts and authorities.
    The Mexican Statistics Agency, InstitutoNacional de Estadistica y Geografia (INEGI), informed that such raise was due to increases posted by three of the big economic activity groups, 6.8% by primary, 4.5% by secondary and 5% by tertiary.
    The increase posted by Gross Domestic Product in Mexico in the first quarter is higher than the 4.1% annual growth estimated by analysts and the rate of around 4% forecasted by the Ministry of the Treasury for such term.
    The Mexican economy has therefore accrued nine quarters in a row with growth in the annual rate, after the negative rates posted from the fourth quarter of 2008 until October-December 2009, due to the international financial crisis.
    18/05/2012 | Comments
    Nissan delivered 50 Leaf electric taxis to Aguascalientes for MXP million Aguascalientes, Mexio.- After Feria de San Marcos ended last Sunday, the Government of Aguascalientes and Nissan Mexicana started the Green Transportation Program, to which purpose the government purchased 50 Leaf units, running on electric power, with an investment amounting to MXP$35 million (around US$2.52 million). In addition, the largest Charge Center in the world was opened after a MXP$1.5 million investment.
    From April 20th to May 13th, Leaf Nissan was the official transportation vehicle from Aguascalientes airport to several hotel and tourism destinations, during Feria de San Marcos; 50 cars that, after meeting their purpose in the event, will be used as taxis.
    Jorge Vallejo, Head of Government Relations for Nissan Mexicana and Latin America, together with Jorge Duran, Minister of the Environment for Aguascalientes Government, said that the State Administration and Nissan executed last February a Green Transportation Agreement, through which the State purchased 50 Leaf electric cars and the Ministry of the Environment pledged to build a Charge Center for these units.
    18/05/2012 | Comments
    Delta keeps investing in Mexico Atlanta.-In spite of the economic crisis in Europe and high jet fuel prices, Latin America remains profitable and a business choice for Delta Airlines, which keep their investment in Aeromexico.
    This was pointed-out by James Sarvies, Director for Latin America and the Caribbean with Delta, who further said that it was the evolution of Latin America’s economic dynamics which encouraged Delta to reinforce their participation in Aeromexico and Gol, from Brazil, two of their most important markets in the zone.
    In an interview he said that based on the potential growth of emerging businesses in Latin America and their relationship with the United States, Delta has projects to improve service to Hispanic passengers, who represent the largest percentage of their customers.
    He acknowledged that profit margins in Latin America have been lower than in Europe and Asia, but consistently positive and profitable for Delta.
    18/05/2012 | Comments