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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
  • Argentina suspends free automotive trade with Mexico

    Mexico City — Argentina’s government will suspend the Economic Complementation Agreement (ACE 55) with Mexico, which allowed free flow of automobiles and auto parts. In a press conference, Bruno Ferrari, Minister of the Economy, said that Mexico’s government is not willing to negotiate the Agreement with Argentina, and they will resort to international venues to keep in in force. Mr. Ferrari pointed-out that since 2003 bilateral trade of automobiles and auto parts posted a surplus for Argentina, but in 2011 the balance was in favor of Mexico; therefore, “There is no argument to suspend the Agreement”. In 2011 US$88.7 million were exported in automobiles, while US$237.7 million were imported, benefiting the domestic industry.
    Source: Milenio | Date: 27/06/2012