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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
  • Mexicans want European aerospace companies

    Mexico City— Between 20 and 30 Mexican companies from the aerospace sector are planning to go shopping to Europe in 2013 to buy small companies hit by credit shortage and a decrease in military budgets there, Marcelo Funes, Chairman, Mexican Federation of Aerospace Industry, Federacion Mexicana de la Industria Aeroespacial (Femia), revealed. To such purpose, a committee has been formed, which has already raised between US$300 and US$350 million. However, the investment required for the total or partial purchase of the 40 European companies is estimated to be up to three times as much. Funes explained that 80% of the companies in Mexico’s aerospace cluster are exclusively devoted to manufacturing; 10% to providing maintenance services and the rest to aerospace engineering applications, most of them Mexican.
    Source: Reforma | Date: 06/08/2012