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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
  • USD/MXP rate of exchange shoots up due to Greek crisis

    Mexico.- Under pressure due to political trouble in Greece and the risk this country will fail to meet their commitments on reforms to be made, stock exchanges were ‘painted’ in red and the Mexican currency suffered a slight setback. Operations with US Dollars showed a trend up in the main bureaus de change. For example, in Banamex the US Dollar was sold 14 cents over the day before, MXP$13.79 for US$1, the highest rate since January 9 and the US Dollar was bought for MXP$13.24. In BBVA Bancomer, the US Dollar was purchased for MXP$13.24 and sold in MXP$13.80, which means 12 cents over the previous trading day.
    Source: Reforma | Date: 16/05/2012