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  • Queretaro is in an open fight with BC for the aerospace sector
  • Drones, an aerospace niche: UNAQ
  • There will be more companies in the aerospace sector
  • NMCIA will be the “world’s most sustainable airport”: Foster
  • Howa Mexico inaugurated after US$29.5 million were invested
  • Toyota considering a factory in Mexico
  • Mexico will produce more than 3 million automobiles: AMIA
  • China interested on investing in Tabasco projects
  • US companies interested on establishing in Juarez
  • Investments add to US$7 million
  • Airbus will train pilots in NL
  • Faurecia invested US$25 million in the expansion of their plant in Puebla
  • Safran reaching out for youngsters
  • Mexico’s Aerospace Industry growing at the same pace as China’s
  • Interest and confusion on the future of air cargo with the new Mexico City International Airport: Specialists
  • US$15.1 million allocated to Creel Airport
  • New Heil Tank Trailer plant in Mexico helps manufacturer answer market needs
  • Amistad Industrial Developers announced NEW DEVELOPMENT in Central Mexico!!
  • Industrial parks want Mexican companies
  • “Wave” of investments in the automotive area arriving to Mexico
  • Weak outlook for urban developers

    Monterrey, Mexico.- After weak financial results reported for the second quarter by urban developers in Mexico, the industry will most likely have a negative performance in coming quarters, Barclays Capital estimates in a report. Barclays Capital said that generating free cash flow is one of the main objectives to be reached by these companies, which are struggling to fulfill new government regulations on standards to sell homes with a subsidy. Barclays cut down their target price for Homex shares from MXP$54 to MXP$33, while for Geo it went from MXP$21 to MXP$19. For Urbi they are forecasting MXP$12 per share, compared to previous estimates of MXP$27. For ARA, Barclays Capital considers the price per share in the next 12 months will be MXP$5. Barclays Capital said that political uncertainty and unwillingness to support developers will be the main factors for the negative outlook.
    Source: El Norte | Date: 07/08/2012