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  • Aerospace engineers wanted
  • Investment for US$374 million in the State of Mexico announced
  • Axalta will invest US$10.5 million to increase production in Mexico
  • President’s airplane delivered
  • Private investment for US$384 million in new industrial parks at Guanajuato
  • Amistad joins Nortek’s Divisions CES Group and Nordyne Ribbon Cutting Ceremony: July 2014
  • Amistad & Gentherm host Ribbon Cutting Ceremony: August 2014
  • OMA supports its growth on hubs and stakeholders
  • Ten companies are interested in investing in Coahuila
  • Ferromex invests in railroads network
  • Puebla will have new industrial parks
  • Businessmen announce investments in the energy sector
  • Nuevo Leon, at the wheel of automotive innovation in Mexico
  • Queretaro advances in the aeronautics sector
  • TMM wants to boost ships construction in Tampico shipyard
  • GM will produce their compact model Cruze in Mexico in 2016
  • Coahuila will have more industrial parks: Ruben Moreira
  • Mexico-China fund for US$5 billion to be created
  • Amistad Desarrolladores grows with the automotive industry
  • Mars inaugurates the expansion of their plant in Jalisco
  • 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