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  • US$410 million to be invested in Chihuahua, generating 5,500 jobs
  • Mexico enjoys international investors’ confidence
  • Senior Operations will grow in Saltillo
  • Quimmco invests in auto parts development
  • Sanmina will invest US$27 million
  • Aeromexico, Interjet and Volaris receive supplies from Leon
  • Chihuahua looking in Canada for aerospace investment.
  • Aerospace companies will invest in Mexico
  • Aerospace cluster strengthened by the execution of the Mexico-France Agreement
  • Penjamo wants to enter into the industrial activity with a new park
  • Eight companies from India will invest in Jalisco
  • ZKW breaks ground in Guanajuato Inland Port
  • The Government will invest US$909.10 million in the Merchant Marine for the energy boom
  • Audi inaugurates Specialization Center in Puebla
  • Halla Visteon Climate Control expands its operations in Chihuahua
  • Aeromar Carga expands its terminal in Mexico City International Airport
  • Volvo and Scania analyzing investing in Durango
  • Cisco will strengthen investment in domestic manufacturing
  • Artecola kicks-off operations in Leon, Guanajuato
  • Chinese companies will invest in Mexico
  • Investment by Fresnillo up 12% this year

    Mexico.- The Mexican mining company Fresnillo, largest primary silver producer in the world, will increase their investments 12% this year over 2011, mainly to give greater impulse to exploration projects. Jaime Lomelin, CEO, informed last Thursday that from the total amount, around US$800 million, US$360 million will be allocated to exploring deposits in Mexico and Peru; around US$150 will be spent in maintenance and the rest will go to new projects. Lomelin said that the investment will be financed with resources obtained from the Company’s operation. After participating in an event in Monterrey, Mr. Lomelin confirmed to the media the Company’s goal to produce 41 million ounces of silver and around 400,000 ounces of gold this year, in spite of volatility in precious metals prices.
    Source: T21 | Date: 04/06/2012