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  • Assemblers want more local supplies
  • Aeromexico incorporates three Embraer airplanes to their fleet
  • Foxconn subsidiary is Mexico’s second exporter
  • Holcim invests MXP$700 million to renew itself
  • Bosch invests US$150 million in Mexico
  • Nestlé expands coffee factory in Toluca
  • Foreign Direct Investment up 14% in Mexico
  • Volvo will sell a new Mack truck in Mexico
  • Transregio investing US$28 million
  • 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

    • 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