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  • US$410 million to be invested in Chihuahua, generating 5,500 jobs
  • Mexico enjoys international investors’ confidence
  • Senior Operations will grow in Saltillo
  • Quimmco invests in auto parts development
  • Sanmina will invest US$27 million
  • Aeromexico, Interjet and Volaris receive supplies from Leon
  • Chihuahua looking in Canada for aerospace investment.
  • Aerospace companies will invest in Mexico
  • Aerospace cluster strengthened by the execution of the Mexico-France Agreement
  • Penjamo wants to enter into the industrial activity with a new park
  • Eight companies from India will invest in Jalisco
  • ZKW breaks ground in Guanajuato Inland Port
  • The Government will invest US$909.10 million in the Merchant Marine for the energy boom
  • Audi inaugurates Specialization Center in Puebla
  • Halla Visteon Climate Control expands its operations in Chihuahua
  • Aeromar Carga expands its terminal in Mexico City International Airport
  • Volvo and Scania analyzing investing in Durango
  • Cisco will strengthen investment in domestic manufacturing
  • Artecola kicks-off operations in Leon, Guanajuato
  • Chinese companies will invest in Mexico
  • Mexico rejects negotiations with Argentina on automotive matters

    Mexico City.- Bruno Ferrari, Minister of the Economy, said that the Mexican government is not open to any negotiation with Argentina on the Economic Complementation Agreement No. 55 (ACE-55) on automotive matters; and if necessary it will go to the World Trade Organization (WTO) to denounce dumping practices. This was his reply to the declaration made by Debora Giorgi, Argentina’s Minister of Industry, who said they would ask Mexico to renegotiate, as Brazil did last February, under the excuse of those countries’ trade deficit in 2011. “We understand they may be worried, but Mexico’s position before Argentina’s concerns is quite different, because trade with Argentina is much smaller than with Brazil and we are considering, together with other countries, denouncing dumping practices before the WTO. Therefore, if they decide to go on with such proposal, we will be encouraged to act”, Ferrari said.
    Source: El Universal | Date: 23/03/2012