Audi fulfills commitment of 5,200 jobs in Puebla
A little more than a year after formally starting operations in San Jose Chiapa, Puebla, German premium automaker Audi has fulfilled its commitment to add 5,200 employees to its workforce, the company said in a statement. The Mexican human capital synergizes with the complex's robots to achieve the...
Volkswagen Truck division open to a takeover of Navistar
Volkswagen's heavy-vehicle division is open to a takeover of U.S. affiliate Navistar International Corp. as the German company seeks scale to compete with global leaders Daimler and Volvo AB, Matthias Gruendler, finance chief of VW Truck and Bus, told reporters.  The company might consider boostin...
Martin Technologies opens US$ 15 million plant in Ramos Arizpe, Coahuila
With an initial investment of US$ 15 million, Harold Martin Tecnologias de Mexico, a subsidiary of Martin Technologies, inaugurated its new plant in the Amistad industrial park of Ramos Arizpe, Coahuila, where it recruited 250 workers in order to start operations. The Michigan-based engineering and...
Nemak’s net income up 3% in first quarter as it earns new contracts for electric vehicles
Monterrey-based Nemak, S.A.B. de C.V., a manufacturer of aluminum components for the automotive industry, saw its net income increase 3% to US$ 69 million during the first quarter of 2018, up from US$ 67 million in the same period of 2017.  The company’s earnings before interest, taxes, deprecia...
Engineered plastics manufacturer Techmer PM inaugurates plant in Queretaro
Tennessee-based engineered plastics manufacturer Techmer PM today inaugurated a 60,000 sq.-ft compounding plant in Queretaro, Mexico.  The facility, which started operations last November, will help meet growing demand for color, additives, and engineered compounds in key Latin American markets. ...

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