Investment

Fibra Nova buys industrial building in Chihuahua
The Real Estate Investment Fund Trust (FIBRA, in Spanish) Nova announced the purchase of a new industrial building in Chihuahua city, as well as the expansion of two buildings leased to B-Energy Industries and Strattega Meat Products Corporation. FIBRA Nova, based in Chihuahua, reported to the Mexic...
Fibra Plus purchases industrial buildings valued at US$20.4 million
The Fibra Plus Real Estate Trust Fund, specialized in the development of real estate assets, bought an industrial building complex with a Gross Leasable Area (GLA) of 40,204 square meters, paying a price of US$20.4 million. The complex, named ‘Baja California’ and located in this State near Ense...
Firms uphold plans of moving into Mexico
Manufacturing firms from the U.S. are maintaining their plans to relocate production lines into Mexico. Firms such as Rexnord, Caterpillar, Nucor, who manufactures steel products for construction, or the electronics components firm CTS, have not resigned their plans for transferring certain producti...
First Economic Zones to start formally in late May: Gutierrez Candiani
Gerardo Gutierrez Candiani, head of the Federal Authority for the Development of Special Economic Zones, detailed that out of the nearly 140 companies that have submitted applications to participate, there is advance with 37 of them that have complied with the nine stages of negotiation. Lazaro Card...
Fitch steps up estimated growth for Mexico
Fitch Ratings increased its growth rate expectations for Mexico, to a 2.3% in 2017 and 2.4% in 2018, compared to the estimated rates for June this year, of 2.0 and 2.2%, respectively. In the meantime, the real inter-annual growth rate of the Gross Domestic Product (GDP) during the April-June period,...
Fitness giant from Asia is assesses possible plant in Mexico
Johnson Health Tech (JHT), an Asian Firm based out of Taiwan dedicated to  producing gym equipment, is planning to open a new production plant in Mexico, almost two years after its first arrival into this Country, where it carried out only sales and distribution operations so far. "Transportation m...
Flex acquires AGM Automotive; deal includes a Queretaro plant
Technological manufacturer Flex, formerly Flextronics, announced that it has entered into a definitive agreement to acquire AGM Automotive (AGM). AGM is a leading global supplier of automotive interior components and systems, including overhead console systems, interior lighting, electronic compone...
Following production site, antenna manufacturer Kathrein opens office in Mexico
Antenna systems manufacturer Kathrein just opened a new office in Mexico City to steer future activities in Latin America. The opening was celebrated at an inauguration ceremony with business partners, customers and Kathrein employees, according to a press release. "The new office is part of a st...
Ford CEO: Two new Mexican facilities will start operations this year
Ford Motors Mexico president Gabriel M. Lopez confirmed the company has invested US$ 2.5 billion in two production sites scheduled to start operations by the end of year.  “Ford is not leaving Mexico. As a proof, two plants will open this year, an engine facility in Chihuahua and a transmission ...
Ford continues expansion projects in Chihuahua
Ford Motor Company has not suspended its expansion project in Chihuahua. Alejandra de la Vega, Secretary of Innovation and Development Economic of the State, said that the company has advanced its third expansion works already and they continue harvesting corporation awards for engine production in ...
Ford expects to open plant in January
The plant Ford is building at the industrial park Castro del Rio, in Irapuato, Guanajuato, is about to be completed and it could be inaugurated in January 2017, pointed out Guillermo Romero Pacheco, head of the Ministry of Sustainable Economic Development. The latest reports affirm that the plant is...
Ford invests in Irapuato and Hermosillo
Ford has maintained its plans in Mexico. The US$2.5 billion investment plans, which were announced in 2015, will become a reality with two plants that shall be ready this year: A factory in Irapuato, Guanajuato, to produce gearboxes and an additional plant in its Chihuahua complex. The plant in Irap...
Ford Plant to start Chihuahua operations in November
Ford Mexico announced that the construction of another plant in Chihuahua continues, with a US$1.1 billion investment, expecting to start operations next November. This plant will become the largest engine plant in Mexico and thanks to it, Ford will be the largest manufacturer in the country. The Ch...
Ford revolutions the automotive sector in Sonora
The confirmation from Ford regarding the re-location of the Focus project to Hermosillo, is a great opportunity and a way to avouch the automotive industry's trust in Sonora, assured the Minister of Economy Jorge Vidal Ahumada. The officer indicated that there are missions from different global Ford...
Ford starts recruitment for transmission plant in Irapuato
Ford Motor Company started recruitment for its new transmission plant scheduled to start operations by the end of this year in Irapuato, according to local media. At least 300 candidates attended a job fair organized by labor state officials, who helped the job applicants fill the required paperwo...
Ford supplier confirms construction in Guanajuato
Even after the announcement of the cancellation of the Ford plant in San Luis Potosi, the Ford transmissions plant which is under construction at the Castro del Rio industrial park will not be canceled and it will open its production this year, stated Fernando Vera Noble, Director of Economic Develo...
Foreign airlines to expand investment
The modification to the Foreign Investment Act in the air sector increased the maximum participation to 49% and will enable companies advance their growth plans, including those for receiving foreign capital. Aeromexico will succeed in selling to Delta up to 49% of its circulating stock shares. This...
Foreign Commerce Chambers might collaborate to boost investment in Mexico
Foreign chambers of commerce are joining the agenda of the Mexican private initiative, presided by the Coordinating Entrepreneurial Council (CCE) to boost investment in Mexico and promote the integration of the Mexican economy in the world. During a meeting with representatives of 11 foreign entrepr...
Foreign Direct Investment grew by 84% in Queretaro
Foreign Direct Investment (FDI) from Germany has grown stronger in Queretaro over the last years, supported primarily by investment projects within the automotive and auto parts sector. According to data from Mexico's Ministry of Economy, German FDI exerted in Queretaro has shifted from a record of ...
Foreign firms looking for AeroMexico, Aeromar and Interjet
The reform to the Foreign Investment Act was approved last December, in order to increase from 25% to 49% the maximum amount of participation permitted to foreign companies in Mexico's air sector. This will enable Delta Air Lines' acquisition of 49% of Grupo AeroMexico. Additionally, it will facilit...

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