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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
  • Global strategy to promote maquladora industry is urgently needed

    Ciudad Juarez, Chihuahua.- In addition to a bill to create a chain of supply for maquiladora industry, a strategy is needed to develop companies with a level of commitment that the industry finds convincing, according to the National Chamber of Processing Industry, Camara Nacional de la Industria de la Transformacion (Canacintra) and Desarrollo Economico del Norte (DEN), an organization devoted to promoting economic development in northern Mexico. Hector Nuñez Polanco, Coordinator, DEN, said that setting a legal framework to facilitate the chain of supply is good, but more work has to be done to generate a domestic industry that produces primary supplies, which are integrated into the final product. He further said that up to now most of the products supplied by Mexican companies to maquiladoras are secondary supplies, i.e. things that the company needs to operate, but not those that go inside the product. He said that what Juarez needs is advancing fast on this issue, because this is how companies may generate better jobs and greater value added.
    Source: El Diario | Date: 07/05/2012