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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
  • Deceleration in China, a risk for Mexico: CCE

    Mexico.- Higher taxes and budget cuts in the United States; deceleration in China; volatility in oil prices and the European Union crisis are all factors that pose “a huge contagion potential for economies and slower growth dynamism for Mexico”, according to Gerardo Gutierrez Candiani, Chairman, Consejo Coordinador Empresarial (CCE) (Business Coordination Council). The Business Sector expects economy will grow 3.7% and 3.4% in the third and fourth quarters, respectively. However, Gutierrez Candiani said that “no drastic deceleration is expected, because until now the United States keep incipient but stable recovery conditions. However, dynamism will slow down in what is left of the year, in line with a decrease in exports growth posted in the last few months”. GDP increase forecasts for 2012 close to 4% is kept. “In the first quarter 4.6% year-to-year growth was achieved, and estimates for the second quarter are around 4.2%, so we will keep our original figures”, CCE said in their weekly message.
    Source: La Jornada | Date: 01/08/2012