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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
  • UP considers Texas a strategic border with Mexico

    Mexico City.- In the last seven year Union Pacific Railroad invested more than US$200 million to enhance infrastructure for goods exchanged by railroad between Mexico and the United States; over 40% of this investment was allocated to maintenance and service on their premises in Laredo and El Paso, both of them located in Texas. Bernardo Ayala, Vice-president, Union Pacific in Mexico, said that Texas has the main commercial corridors for railroads, which in the last few years have experienced exponential growth in the movement of industrial products for chemical, automotive and intermodal sectors. In an interview, he said that only the development of Eagle Ford Shale deposit, located south of Texas, doubled the cargo moved by railroad in this zone, thanks to the demand of frac sand, which is used in oil wells drilling and to extract gas, in addition to the movement of pipelines and petroleum byproducts.
    Source: Miscellaneous | Date: 15/05/2012