Investment

Forty Guanajuato companies expanding operations
Nearly 40 companies established in the State of Guanajuato are going to expand their facilities in 2018, thus generating roughly 5,000 jobs. This is what Guillermo Romero Pacheco, Secretary of Sustainable Economic Development in Guanajuato informed. The expansions will be seen at different industria...
France will invest US$1 billion in Mexico during 2017
The implementation of structural reforms has not stopped and Mexico is still very attractive to foreign investors, which is why French companies are investing US$1 billion dollars this year, according to estimations by the French-Mexican Chamber of Commerce and Industry. The President of the Chamber...
French auto supplier Mecaplast opens US$ 9.5 million plant in Guanajuato
After nine months of construction and US$ 9.5 million invested, the new plant of the French auto parts supplier Mecaplast Group was inaugurated at Guanajuato Puerto Interior industrial park and will generate 150 jobs. Mecaplast second manufacturing plant in Mexico will make air intake systems for...
French companies are keeping their investment in Mexico
French companies established in Mexico have announced that they will maintain their investment, with resources surpassing the US$1 billion mark just this year, which moreover, avouches their trust in Mexico. Alfred Rodriguez, President of the French-Mexican Chamber of Commerce, stated that, given th...
French investment growing
French investment is earning a spot in the Mexican economy. Foreign Direct Investment (FDI) from France in Mexico totaled US$ 3.79 billion from 1999 to 2016. The manufacturing industries, commerce, transport and financial services are the main sectors concentrating this investment. Companies like Hu...
Fresnillo investment increasing 71% this year
Mining Company Fresnillo plc., a subsidiary of Industrias Peñoles, will invest roughly US$950 million in 2017,  that is 71% more than their 2016 records. Alberto Bailleres, President of Industrias Peñoles, commented that US$800 million will be used to expand their mines currently in operation, wh...
GCC completes acquisition of US assets from Cemex
Grupo Cementos de Chihuahua (GCC) announced that it has completed the acquisition of certain assets located in the United States owned by Cemex for an amount of US$ 306 million. The assets consist of a cement plant located in Odessa, Texas; two cement distribution terminals located in Amarillo and ...
GCC to buy assets for US$ 306 million from Cemex
Mexico's Cemex, one of the world's largest cement producers, agreed to sell some of its U.S. assets to Grupo Cementos de Chihuahua, or GCC, for US$ 306 million. Cemex said in a press release that the terms of deal with GCC had changed since an initial announcement in May, when the asset sales wer...
General Motors confirms Mexico is an excellent producer
The plans for production, sales, export and investment which have been announced by General Motors (GM) in Mexico, keep moving forward, assured the President and General Director of GM Mexico, Ernesto Hernandez. Alan Batey, President of GM North America, emphasized that U.S. President-elect and GM h...
General Motors not leaving Mexico
Tereso Medina Ramirez, General Secretary of the National Union of the Automotive, Metal-mechanic and Steel Industries, affirmed that General Motors will never leave Mexico. The company has a lot of plans for growth and expansion; moreover, Mexico must go on capitalizing on the great  strengths it h...
General Motors not to change its production plans
Mary Barra, General Director of General Motors, pointed out that she is not planning to change the production place of their vehicles because of the criticism by President Elected Donald Trump. She made it clear that decisions involving capital are made from two to four years ahead of time in the au...
German corporations maintain their plans in the Bajio Region
Even in the environment of uncertainty after Donald Trump’s arrival into the Presidency of the U.S., Monica von Allwörden de Orozco, Germany’s Honorary Consul in Leon, Guanajuato, assured that investment projects which had already been scheduled, remain unaltered. She mentions the example of BM...
Germany will continue investing in Mexico
According to the last survey from the German-Mexican Chamber of Commerce and Industry (CAMEXA), German companies will increase their investment in Mexico, despite the concern for Donald Trump's new policies. CAMEXA indicates that 83% of German companies in Mexico foresees a negative effect in their ...
GES gathers in India entrepreneurs from around the world, including Mexico
Nancy J. Gonzalez / MexicoNow Hyderabad, India.- Entrepreneurs from around the globe are gathered in India to explore new options to do business as well as to interconnect with others and find a way to finance their project. This is the first time the Global Entrepeneur Summit (GES) is co-hosted b...
GM quietly invests US$ 800 million in Mexico to avoid political turmoil
After presidential candidate Donald Trump bashed Ford Motor Co. for announcing a US$ 1.6 billion investment in Mexico to make small cars, seems like General Motors (GM) has learned the lesson and decided to go low profile on its plans for expansion. According to Bloomberg, "GM is advancing on an ...
GM to lay off 2,000 workers as it reduces small-car production
General Motors Co. will permanently lay off around 2,000 hourly workers in January at two car plants to cut bloated inventory as sales of small cars continue to slow. The automaker also would invest more than US$ 900 million at three plants for future products. The company plans to cut the third ...
Goldcorp goes for 'aggressive' expansion in Mexico's energy sector
The oil firm co-founded by the President of the Canadian mining company Goldcorp, wants to expand its business in Mexico during the next years, including a potential alliance with the State-owned Company, Pemex. Renaissance Oil Corp wants to expand its project portfolio in Mexico to around 30 undert...
Goodyear's new Mexican plant might start ahead of schedule
The production at the first Goodyear factory in San Luis Potosi might be ready ahead of schedule, as there are reports favorable advancements in the building's construction, 90% in infrastructure and 30% in equipment, assured David Gomez, General Director of Goodyear in the State during press confe...
Government predicts investment worth US$3.8 billion in the energy Round 3.1
The Energy Round 3.1 will generate investment surpassing US$3.8 billion for as long as contracts last, estimated the Secretary of Energy, Pedro Joaquin Coldwell. This would represent 25% of the production estimated by the International Agency of Energy, resulting from new discoveries of shallow wate...
Gross Fixed Investment is growing again
Gross Fixed Investment (GFI) in Mexico presented positive inter annual growth, with a 1.1% expansion last May, prompted mainly by expenses on assets such as machinery and imported equipment, according to figures from Mexico's National Institute of Statistics and Geography (INEGI). The purchase of ma...

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