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  • More than 1,400 Italian companies invest in Mexico
  • Mexico’s investment in Latin America adds to US$81.4 billion
  • Interjet will add 10 new airplanes to their fleet
  • Ruiz de Teresa announces US$4.296 billion investment in ports
  • US$200 million wanted in aeronautic investment
  • Nissan starts producing Note model
  • IEnova will invest US$1.5 billion
  • Naval industry reactivation may generate 68,000 jobs
  • Rolls Royce may design Pemex ships
  • Volvo invests to increase its share of the market in Mexico
  • Automotive industry, important for our country: ProMexico
  • 60 companies from the automotive sector will establish at Bajio
  • Queretaro will have a brand new logistics platform and it has potential for 4 more
  • Companies attract suppliers
  • Incentives evened up to attract FDI
  • Mexico will be among Top 10 Cellphone Exporters
  • Vitro turns kiln in Queretaro on
  • Audi provides impulse to education in the automotive field
  • Japanese companies speed out Automotive Sector
  • AC aims to profitable investment
  • New tariff charged by the USA threatens Electrolux

    Ciudad Juarez, Chihuahua.- The United States yesterday ordered to charge final antidumping duties on imports of certain type of refrigerators imported from South Korea and Mexico –including those manufactured by Electrolux in Ciudad Juarez– on which a 22.9% tariff will be charged. Electrolux has one of the largest industrial complexes in Ciudad Juarez, where they manufacture refrigerators and washing machines, mainly for the US market. The refrigerators plant located here has 1.8 million square feet and is located over a 136 hectares plot of land in the city’s south, according to information provided by the company. Construction of the factory located in Juarez started in August 2004 and production started early in June 2005; they currently employ around 3,000 people. Until yesterday, Electrolux’s spokespersons had not replied to e-mails regarding the consequences this new tariff may have on production in Mexico or if it damages operations competitiveness here.
    Source: El Diario | Date: 21/03/2012