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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
  • Aero parts exports from Mexico growing

    Mexico City.- The Ministry of the Economy expects aero parts exports will go from US$4.5 billion posted in 2011 to US$12 billion in 2020, according to the Program of Air and Space Industry 2012-2020. During such term, the Ministry of the Economy forecasts the number of jobs created by this industry will reach 110,000, almost times four the 31,000 jobs registered by the end of 2011. From such jobs, around 35% will be for engineers, but the rest will also be high specialization jobs. “If we just let inertia take us, in 2020 we would reach exports between US$8 billion and US$10 billion, with 70,000 to 90,000 jobs generated”, the document says. The Federal Government wants Mexico to be among the top 10 aero parts suppliers in the world, outdoing countries such as Spain and Holland; Mexico is currently 15th.
    Source: El Norte | Date: 20/03/2012