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  • 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
  • Thirty Mexican companies are interested on bidding for the construction of NAICM
  • Gulfstream presents a new family of aircraft
  • Hangar being built in UNAQ
  • Tecma Group Mexico Manufacturing Mobile App Now Available
  • Aeromexico and its workers union reach an agreement
  • Bancomext has authorized a credit for US$50 million to rebuild Los Cabos Airport
  • Logistics Center to be built in Guanajuato
  • Two Canadian companies in the automotive field will establish in San Luis Potosi
  • Japanese investments reach US$500 million
  • Mexico will become an international hub
  • TechOps will consolidate its operations in 2015
  • Auto parts plant invests US$16.5 million in Puebla
  • INTERMEX MANUFACTURA DE CHIHUAHUA extended for 1 year its current lease contract with INTERMEX for its Shelter Services to MANOIR AEROSPACE.
  • Relevant topics to be discussed in Mexico’s Aerospace Summit to be held in Queretaro
  • The Mexican Air Force will hold an aerospace tradeshow in 2015
  • Proposal to create an Aerospace Medicine Institute in Mexico
  • Assemblers like Mexico

    Mexico City— Mexico has become so attractive for investments in automotive sector that it outdid Canada as production and export center in North America, according to Wards Auto Consultants Firm. Wards Auto estimates that vehicles production in Canada will remain the same in the next 6 years, while production in Mexico will keep on growing due to decisions made by several assemblers to expand their production capacity here. Canada has capacity to produce 3 million vehicles every year, but in 2012 such figure is expected to drop to 2.5 million units, because General Motors is consolidating operations from two plants in only one plant. As a matter of fact, vehicles production in Mexico is expected to reach 3 million units in 2014 and continue growing in the following years.
    Source: Reforma | Date: 01/08/2012