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  • Automotive manufacturer will invest US$3 million in Jalisco
  • Mitchell Plastics open their doors in Queretaro
  • Mexico, ready to receive Canadian investment in SMC’s: Bancomext
  • More plants from foreign companies arriving to Monterrey
  • TEN Arquitectos the most likely choice to build the new airport
  • Technological Agroindustry Park to be built in Zapotlan
  • Parras will have an industrial park
  • Kia Motors will start assembling autos in Mexico in 2016
  • Aerospace Summit to be held in Queretaro
  • Mexico and the USA promote aerospace SMC’s cluster
  • Investment in Baja California aerospace industry
  • SCT promotes the creation of the Federal Civil Aviation Agency
  • Uruapan is attractive for assemblers in the automotive industry: Ministry of the Economy
  • Vesta is raising an automotive industrial park in Tlaxcala
  • Peńa Nieto will announce the new Hyundai plant
  • Guanajuato wants it all: they are after suppliers
  • Guanajuato will reactivate the leather industry
  • Nissan will assemble three Infiniti models in the new Aguascalientes Complex
  • International Surface Finishing Academy announces Anodizing for Aerospace Workshop to be held at the UNAQ campus in Queretaro, Mexico
  • Aerospace sector, efficient; reaches US$1 billion trade surplus
  • 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