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  • The Tecma Group of Companies’ entities gain certification for Mexican VAT tax exemption
  • Alfa will invest US$700 million in Altamira electric plant in 2015
  • Eosol Energy will increase investments
  • Mexico manufactures 85% of pieces for the aerospace sector
  • Rassini grows capacity by 40% at their Puebla plant
  • Condumex plant inaugurated in Guanajuato
  • Aeronautics lab inaugurated in Queretaro
  • GM buys US$14 billion from suppliers established in Mexico
  • Astronaut Hernandez suggests more aerospace investment in Mexico
  • Building three hydroelectric plants, among CFE’s plans
  • Prologis in analyzing new investments
  • The Governor of Jalisco is going to Asia for more investments
  • Aerospace will open an MRO workshop in Chihuahua City
  • Exports increased by up to 300% in Queretaro Intercontinental Airport
  • DHL Express expands Hub in Queretaro with US$14.5 million
  • Automotive sector provides impulse to 3M
  • The Governor of Queretaro heads the Mexican Manufacturing Association Meeting
  • Queretaro opens to Chinese investment
  • Investment will grow in the electric sector
  • Oil companies from Houston want to establish in Monterrey
  • TenarisTamsa inaugurates US$42.5 million factory

    Veracruz, Mexico.- With an investment reaching US$42.5 million, TenarisTamsa Industrial Center inaugurated a factory to produce mechanical pumping rods, a part attached to pumps to mechanically raise petroleum from the well when there is not enough pressure, which allows the fluid to flow to the surface. Opening this plant means imports for the domestic power industry may be substituted and exports will be made from Mexico to the United States and Canada. Pablo Roca, President, Tenaris, estimates that with the opening of this factory in Veracruz, sales by the corporation should reach US$40 million per year. When the second stage is completed, this new plant will generate 120 direct jobs and 600 indirect jobs.
    Source: Notimex | Date: 12/03/2012