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  • Land for assembly plant wanted
  • Nissan and General Motors will produce a cargo vehicle in Mexico
  • Another Japanese supplier arrives to Silao
  • Mexico perceived as the new Detroit
  • Corvette “nervous system” will be made in Ciudad Juarez
  • Lazaro Cardenas Port will receive US$10 billion investment within five years
  • Altamira Port will receive US$117 million from private investment in 2013
  • Anipac budgets investments for US$3.5 billion
  • Steel boom thanks to assemblers
  • British show interest in Mexico
  • Vitro, ready to grow again
  • Neolpharma builds biotechnological plant
  • Industrialists and government reach an agreement on natural gas
  • Danone denies they will leave Michoacán
  • Drop in Mexican automobiles exports to South America
  • EA888 engines manufactured by Volkswagen in Silao are already running in the USA
  • Puerto Coatzacoalcos will have a vegetal oil terminal
  • Monterrey private sector calls off investments for US$900 million
  • Industrial park for Honda suppliers
  • Rebirth of manufacturing activity agreed with the USA
  • Offensive against maquilador employment feared

    Ciudad Juarez, Chihuahua.- Law firms specialized in foreign trade are afraid the US Government may resort to charging tariffs and other measures to recover the employment they have lost to maquiladoras. Some specialists are starting to perceive some danger for Ciudad Juarez economy —which still greatly depends on maquiladoras— from tariffs charged on certain Electrolux products, as well as the announcement of new penalties for exporting jobs and incentives for producing in the USA. Miguel Angel Diaz Marin, Spokesman of the Mexican Finance Officers Institute, Instituto Mexicano de Ejecutivos de Finanzas (IMEF), said that the US Department of Commerce may consider a subsidy the special treatment given to companies registered under IMMEX Program.
    Source: El Diario | Date: 27/03/2012