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  • 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
  • Mexican industry stumbles in May

    Mexico City.- Industrial production in Mexico suffered a 0.93% setback last May when compared to April, according to seasonally-adjusted figures from the Mexican Statistics Agency, Instituto Nacional de Estadistica, Geografia e Informatica (INEGI). This drop in the economy’s secondary sector is the second negative figure in 2012, because in February it shrank 1.39%. In addition, year-to-year figures show that industrial activity slowed-down its annual growth pace, because in May it grew 3.1% over even month the previous year, while in 2011 the growth had been 4.6% and in 2010 it reached 9.06%. According to INEGI, construction posted 4.5% year-to-year progress, manufacturing 3.7% and electricity, water and gas supplied by ducts to final consumer went up 1.5%, while mining dropped 0.1% in such month. Year-to-year increase in construction figures arises from more works to build houses, industrial plants, real estate for commerce, institutions and services purposes, and civil engineering works.
    Source: Reforma | Date: 17/07/2012