Login to Digital Content
User:
Pass:
 
Last News
  • Visteon signs lease with Intermex in Chihuahua
  • ASA obtains concession for airport in Puebla
  • Guanajuato Inland Port planning in-bond facilities for air cargo
  • Automotive investment flowing in Queretaro
  • SCT announces investments in Sinaloa for US$375.7 million
  • Construction of maquiladora plants reactivated at Ciudad Juarez
  • Campus for training on aeronautics inaugurated
  • Suppliers park to be built in Tlaxcala
  • Mega-investment may be attracted to NL
  • Zacatecas receives investments for US$134 million
  • Mars reaffirms its investment in Guanajuato
  • Mexico, in Mercedes- Benz’s crosshairs
  • France fosters aerospace sector
  • Edomex ranks 3rd in automotive industry in Mexico
  • FedEx inaugurates new logistics center
  • Herdez invests US$42.4 million in sustainable plant
  • Production and exports by automotive industry grow over 5%
  • New maquiladora opened in Matamoros
  • Interest in Utah for investing in Mexico
  • Estapack S.A.P.I. de C.V.
  • Korean investment coming to Mexico

    Mexico City – Hankook, a Korean tires manufacturer, could establish in Mexico a plant with capacity to produce 15 million pieces every year, according to Raul Castillo Arteaga, Chairman, Mexican Association of Tires Distributors and Retreading Plants, Asociacion Nacional de Distribuidores de Llantas y Plantas Renovadoras (Andellac). Castillo Arteaga said that Hankook is one of the largest tires manufacturers in the world, and they are considering establishing a new factory in the United States, Brazil or Mexico. Hankook’s decision on the ideal country will be made late in 2012 or early in 2013, for it means a significant investment. Mr. Castillo said that he does not know the exact amount to be invested by Hankook at the place they choose. However, he did say that it would be significant because the company has few tires factories in the world but with high production volumes, over 15 million tires per year each.
    Source: CNN Expansion | Date: 21/03/2012