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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
  • Gerdau will install a steel plant in Mexico

    Sao Paulo, Brazil.- Gerdau, the Brazilian steel company, informed they will take up again a plan to build a plant in Mexico, where they will invest R$1.1 billion (US$539 million) to produce cold rolled steel sheets. The plant will have capacity to produce one million tons of steel and 700 thousand tons of laminated products, and should start operating in 2014. Gerdau’s raw steel production posted 1.5% year-to-year drop in the second quarter, falling to 5.046 billion metric tons, but went up 2.1% over the first quarter. Sales posted 2.4% year-to-year drop, but went up 1.1% over the three previous months.
    Source: El Norte | Date: 03/08/2012