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  • 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
  • Linares may attract an assembly plant: Sedec
  • Pemex announces investment in refineries for US$1.4 billion
  • The Aerospace Industry is starting to grow in Jalisco
  • The Ministry of Energy presents Round One to companies
  • Cleantech Challenge Mexico 2014
  • Aerospace clusters mitigate economic turbulence
  • US$410 million to be invested in Chihuahua, generating 5,500 jobs
  • Mexico enjoys international investors’ confidence
  • Senior Operations will grow in Saltillo
  • Quimmco invests in auto parts development
  • Sanmina will invest US$27 million
  • Aeromexico, Interjet and Volaris receive supplies from Leon
  • Chihuahua looking in Canada for aerospace investment.
  • Aerospace companies will invest in Mexico
  • Aerospace cluster strengthened by the execution of the Mexico-France Agreement
  • 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