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  • Zacatecas, with everything to have an Automotive Cluster
  • Collaboration Agreement entered by the SLP Government and the company BMW, S.A. de C.V.
  • The Mexican and German Ministers of Foreign Affairs inaugurated an industrial plant in Mexico
  • Nemak will invest US$200 million in two plants
  • Embraer will make airplane interiors in Chihuahua
  • Dishon will join the aerospace sector in Queretaro
  • SLP delivers land to BMW for the new plant
  • Nemak will build two factories in Mexico
  • Toyota Mexico will manufacture a new car with US$100 million
  • Aerospace sector in Baja California booming
  • Coca-Cola will invest US$7 billion in this Administration
  • Toyota will invest US$100 million in Mexico
  • Alcom Electronicos invests US$18.3 million in Tamaulipas
  • Coahuila attracts aeronautic companies
  • Investment in Mexican aerospace industry announced
  • First Korean company opens in Guanajuato Inland Port
  • ThyssenKrupp Aerospace will increase aluminum production by 20%
  • 36,700 airplanes will join the air fleet within 20 years due to the 5% increase in air traffic
  • Six suppliers for Audi assembly plant will establish at Tlaxcala
  • Investment in Colon will generate 2,500 jobs
  • US Dollar climbs to MXP$13.99/US$1, which may hit standard of living

    Ciudad Juarez, Chihuahua.- The increase in the Mexican Peso/US Dollar rate of exchange, which yesterday reached MXP$13.99/US$1 at banks, will cause a drop in the standard of living, because prices will keep going up while employment remains stagnated. Miguel Angel Calderon Rodriguez said that the effects of this 9.3% depreciation of Mexican Peso will affect people in Ciudad Juarez, because more than 60% of products consumed here are imported and that means a blow to everybody’s pockets. He reminded that right now employment is under a slow recovery stage and that there is a deficit of 50,000+ jobs when compared to 2007, when a peak was reached. He explained that unlike what happened in other crises, this time an expensive US Dollar will not help bring investments to Ciudad Juarez, because there is much uncertainty on consumption in the United States.
    Source: El Diario | Date: 21/05/2012