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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
  • Manufacturing GDP up 5.5%

    Mexico City — Manufacturing industry posted 5.5% growth of its Gross Domestic Product in the first quarter 2012 over even term in 2011, which greatly exceeds 4% expectations, according to data from the Mexican Statistics Agency, Instituto Nacional de Estadistica y Geografia (INEGI). Leticia Armenta Fraire, Head of Economic Analysis Center in Tecnologico de Monterrey, considered that this growth is pushed by the reactivation of Mexican exports to the United States, which went up in the first quarter of the year, after the deceleration they suffered last September due to weakness in the US market, the main destination of Mexican goods. INEGI pointed-out that Mexico’s sales abroad grew 13.7% in September 2011, 13.4% in October and 10.1% in November, but in December they plummeted growing only 8.2%, while last January they went up 10.5% and in February the increase was 16.3%.
    Source: CNN Expansion | Date: 21/05/2012