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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
  • Supply center coming to Jalisco

    Mexico City.- The second Suppliers Development Center for the Industrial Sector will be opened in Guadalajara next August or September, as informed by Luis Aguirre Lang, Chairman of the Mexican Council of Maquiladora and Export Manufacturing Industry, Consejo Nacional de la Industria Maquiladora y Manufacturera de Exportación (Index). The purpose of this Center is acting as incubator for small companies, so that they may reach the competitiveness required by companies that currently import supplies into Mexico and eventually substitute such imports. Aguirre Lang said that only in 2011 US$150 billion were imported in raw materials and components for Mexican Export Manufacturing Industry. In Ciudad Juarez, where there are 334 companies from maquilador sector, that contribute with 80% of the city’s economy with over 200,000 jobs generated, plans are to reach 5% of local contents this year, with a suppliers development program. According to Jose Luis Armendariz, Chairman of Ciudad Juarez Maquiladoras Association (AMAC), domestic supplies integrated into products throughout Mexico is 4%, while in Juarez it is 3.4%.
    Source: CNN Expansion | Date: 23/05/2012