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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

    • México benefits from Pacific Alliance Agreement

    Mexico.- Mexico had trade surplus with Chile, Colombia and Peru for a total amount of US$1.592 billion in the first quarter of 2012, and it is therefore the main beneficiary from Pacific Alliance, an agreement signed yesterday. Exports from Mexico to these three countries in South America added from January to March to US$2.296 billion, while imports amounted to US$704 million. Not only did Mexico had a surplus in its trade with each of these countries, but exports posted 2-digit year-to-year growth in the first quarter: 35.4% to Peru; 22.6%, to Colombia and 11.5% to Chile. Pacific Alliance is an initiative which purpose is forming a deeply integrated area for the free circulation of goods, services, capitals and people among these four countries, which already have bilateral free trade agreements with each other.
    Source: El Economista | Date: 08/06/2012