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  • Tetra Pak to invest US$110 million to their plant in Querétaro
  • Inter MG to invest on new Honda terminal in Celaya
  • FEMSA slows down investment pace
  • New plans for MCIA landing
  • Visteon signs lease with Intermex in Chihuahua
  • ASA obtains concession for airport in Puebla
  • Guanajuato Inland Port planning in-bond facilities for air cargo
  • Automotive investment flowing in Queretaro
  • SCT announces investments in Sinaloa for US$375.7 million
  • Construction of maquiladora plants reactivated at Ciudad Juarez
  • Campus for training on aeronautics inaugurated
  • Suppliers park to be built in Tlaxcala
  • Mega-investment may be attracted to NL
  • Zacatecas receives investments for US$134 million
  • Mars reaffirms its investment in Guanajuato
  • Mexico, in Mercedes- Benz’s crosshairs
  • France fosters aerospace sector
  • Edomex ranks 3rd in automotive industry in Mexico
  • FedEx inaugurates new logistics center
  • Herdez invests US$42.4 million in sustainable plant
  • Domestic Auto Parts Industry could lose US$200,000

    The Mexican Association of Auto Parts Industry, Industria Nacional de Autopartes (INA), estimated losses for around US$200,000 in production if Argentina does not reconsider its decision to suspend the Agreement for Economic Complementation Agreement (ACE 55) it entered with Mexico. In an interview, Oscar Albin, Chairman, INA, said that this amount is not so relevant for the sector when compared to the MXP$65 billion in total production and taking into consideration that the largest portion of exports by this industry are made to the United States and Canada. Auto parts exports to Argentina did not represent a big market for Mexico, it is a lot smaller than Brazil’s, where fortunately auto parts exports quotas were not limited, as was done with automobiles”, he said. He pointed-out that the impact will be on original auto parts sold to assembly plants in Mexico that export to Argentina, sales that dropped around US$200,000, reducing also the amount of taxes paid.
    Source: Notimex | Date: 11/07/2012