Login to Digital Content
User:
Pass:
 
Last News
  • 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
  • Hyundai announces new plant

    Tijuana Baja California.- Last May 18th, Baja California Governor, Jose Guadalupe Osuna Millan and Kenny Lee, CEO, Hyundai, announced a US$131 million investment in a new Aluminum Die Cast plant, a project that will start next July, generating 300 new highly specialized jobs. Kenny Lee informed that this investment represents more than 50% of the resources invested since their establishment here in 1989. “After careful consideration Tijuana was chosen due to the great significance of our experience here, including support received from other companies established here, local businessmen and the State Administration”, Mr. Lee declared. He further said that the innovating program will start next July and that production should begin in January 2014, expected to generate annual income for US$141 million and add 300 new jobs to the 1,500 Hyundai currently generates in Tijuana.
    Source: Siglo 21 | Date: 08/06/2012