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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
  • Growth by Maquiladora industry slowing down

    Guadalajara, Mexico.- Due to what they consider fiscal uncertainty, maquiladora and export manufacturing companies have limited their growth, staying within 8% to 15%. Luis Aguirre Lang, Chairman, National Council of Maquiladora and Export Manufacturing Industry, Consejo Nacional de la Industria Maquiladora y Manufacturera de Exportacion (Index), said that if operations rules were clearer, companies in the sector could attract up to 50% more investment and be more competitive. “What we at maquiladora industry are asking is that what we have now as a decree be enacted as a law, to have a chapter speaking about fiscal regulations for maquiladora industry in the Income Tax Act and Flat Tax Act”, he said. According to a study prepared by KPMG, Mexico is the country with the most expensive fiscal regime for maquiladora industry when compared to other emerging countries such as China, Brazil, Costa Rica, South Korea and Thailand.
    Source: El Norte | Date: 07/06/2012