Investment

Saltillo looking to attract US$75 million investment
Atlantis Industrial Park in Saltillo, Coahuila, is competing with San Luis Potosi and Puebla, for an investment in the food industry sector, valued at US$75 million and the creation of 2,000 jobs. The businessman Gerardo Rodriguez informed that it is an international food-health firm which has alrea...
Samsung completes acquisition of Harman Industries, three Mexican plants included
Samsung Electronics Co., Ltd. announced it has completed the previously announced acquisition of Harman International Industries, Incorporated. Under the terms of the merger agreement, Harman stockholders will receive US$ 112.00 per share in cash.  The completion follows the satisfaction of all co...
San Luis Potosi officials dismiss Mitsubishi plant rumors
San Luis Potosi government officials dismissed speculations about a deal with Japanese automaker Mitsubishi to build a plant on the grounds Ford Motor Company planned its facility, a project the Detroit-based company cancelled earlier this year. Gustavo Puente Orozco, State’s secretary of Economi...
Sanhua to invest US$35 million in Coahuila
Sanhua Mexico Industry, that produces controllers and components for air conditioning, ventilation and heating system equipment, will invest US$35 million in Coahuila to expand its Ramos Arizpe plant. Chunyong Zheng, General Director of the Company, said that two production lines will be added with ...
SCT to invest in various projects
The Ministry of Communications and Transport (SCT) expects to reach the goal of doubling the cargo capacity of Mexican ports by the end of this presidential term, with the operation of 520 million tons, as well as the advance in the construction of the ports at Veracruz and Tuxpan. The SCT will comp...
Season Group invest in Texas, Tamaulipas plants
EMS provider Season Group has invested in new SMT and Cable Assembly equipment for its San Antonio, Texas and Reynosa, Mexico sites, the company revealed in a statement. The San Antonio site has installed two Juki SMT placement machines that will significantly boost capacity and capability at the...
Shell planning to invest US$1 billion in the Mexican gasoline market
Shell is planning to make an investment worth US$1 billion in Mexico over the next 10 years, to open gas stations, as well as fuel-related infrastructure. The goal of this Anglo-Dutch Company, is to have two-digit market participation rates, within a five to ten year plan. The expectation by the end...
Showcasing Juarez-China business opportunities
Daniel Galindo, a foreign commerce specialist currently residing in China, will present in several events organized by the Northern Economic Development Civil Association (DENAC) across this border city, to talk about the opportunities for business and purchase of input materials existing between Ju...
Siemens and ProMexico will take 100 Mexican companies to Europe
The German Firm Siemens and ProMexico are going to take 100 small and medium manufacturing companies to Europe, in order to help them to expand their foreign operations and show Mexico as an opportunity of business and innovation relationship partner. Meetings have been held with companies from Stat...
Siemens invests US$200 million and generates 1,000 jobs in Mexico
The German Company Siemens will invest US$200 million in Mexico during the next 10 years, generating 1,000 new jobs. This investment project is looking to boost other projects worth over US$36 billion through the technological modernization of companies in Mexico. The initial investment will enable ...
Siemens to invest US$300 million in digitization
Siemens announced investment projects worth US$300 million aimed at reinforcing its position as a digital company, with expectations to reach annual growth rates of two digits in its software, digital services and cloud platform departments by 2020, both in Mexico and globally. In the 2016 fiscal ye...
Siemens vows to invest US$ 200 million, create 1000 jobs in Mexico
Germany-based multi-sector company Siemens announced US$ 200 million investments in Mexico over a 10 years’ period to create up to 1,000 direct jobs. Siemens’ CEO Joe Kaeser and Mexican Ministry of Economy Ildefonso Guajardo signed a Memorandum of Understanding aimed to support several projects...
Sinaloa captures over US$456 million in private investment
Sinaloa recorded a private investment total of US$456 million during the first three months of the year, which represents an annual growth rate of 25%, informed Javier Lizarraga Mercado, head of the Ministry of Economic Development in the State (SEDECO). This is reflected in an annual increase in ex...
Sinaloa looking for investment opportunities in the energy sector
The Ministry of Sustainable Development (SEDESU), the Ministry of Economic Development and the Energy Regulating Commission, spoke to representatives from  Sinaloa's entrepreneurial sector about the business opportunities this State offers regarding  energy generation supply, as well as hydrocarbo...
Slim and ICA win tendering to build the NAICM terminal
After competing against two other groups, the consortium formed with Grupo Carso, by Carlos Slim, ICA by Bernardo Quintana, Prodemex, La Peninsular, Constructora y Edificadora GIA+A (GIA), and the Spanish firms Acciona and FCC, won the tendering to build the terminal of the New International Airport...
Small businesses strengthen the U.S economy
Nancy J. Gonzalez / MexicoNow Washington, DC.- U.S. small businesses employ more than 57 million people in the country. Minorities, specially Hispanics and African Americans, are opening their own companies and they account more than half of the small businesses ownership in the U.S., according to ...
SMEs park to be developed in Queretaro
In order to meet the demands of small and medium enterprises (SMEs), the SME Industrial Park is now being built in a location between the municipalities of Huimilpan and El Marques. The general manager of the SME Industrial Park, David Mercado Gonzalez, explained that this complex is planned to hous...
Sonora enters the electric auto market
Sonora will fully enter the revolution of electric vehicles, thanks to the exploitation of lithium mines in the State, using this material to supply the battery manufacturing operations of units to power cares by Tesla and Lucid Motors, assembled at the Nevada, Arizona and California plants, confirm...
Spain-based X-Elio FV to develop US$ 97.5 million solar plant in Northern Mexico
Mexico’s Energy Regulatory Commission (CRE) announced it has awarded Spain-based X-Elio FV a contract to develop a US$ 97.5 million photovoltaic power plant in the Northern state of Chihuahua. The facility will be located in the municipality of Ascension, which borders the state of New Mexico, wi...
Spanish firms will invest US$7.5 million in Mexico
Despite the measures from the U.S. threatening to break the balance of the global economy (the wall, stop investment, customs fees of 20%), large Spanish companies such as BBVA, Melia, OHL, FCC, Iberia, Mango o Inditex are still gambling on Mexico, where a large portion of their income is made and g...

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