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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
  • Factories cut down jobs throughout the world

    Mexico City — Factories all over the world reduced the number of employees for the first time since November 2009, because global manufacturing activity shrank for the second month in a row, a survey revealed last Wednesday. JPMorgan’s Index on World Factory Activity fell to 48.4 in July from 49.1 in June and dropped even lower from the 50 points mark separating growth from shrinkage. JPMorgan, responsible to prepare the survey, warned that amidst weak demand and a steep drop in orders placed, more layoffs may be expected. “Recent cost cuts are providing some respire, but this will be of little benefit in the long term if underlying demand is unable to rebound”, David Hensley, Director, Global Economic Coordination for JPMorgan, said.
    Source: Reforma | Date: 03/08/2012