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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, a magnet for investment and talent, attracts technologies

    Mexico City.- Strategic geographical location and increasingly qualified and low-cost labor are two of the factors that are attracting to Mexico investments in manufacturing plants and technological production lines. However, even if Mexico is more competitive and its Information and Telecommunications Technologies industry is vigorous, it still needs to offer sophistication. “In the last few years we have seen Foreign Direct Investment (FDI) being transferred to Asia; to China for products manufacture and to India for services and considering this I think Mexico is trying to recover the lost ground, it is investing in the development of technology and knowledge”, explained Paz Diaz Nieto, Professor in Technological Entrepreneurship Node at TEC de Monterrey, Mexico City Campus. The Taiwan-based company Foxconn, which provides maquila services to Apple and the South Korean LG Electronics, the second largest screens manufacturer in the world, have been the most recent cases of state-of-the-art manufacturing arriving to Mexico, attracted by its proximity to the United States and inexpensive engineers recruitment in Mexico.
    Source: Excelsior | Date: 14/05/2012