MEXICO CITY - The German brand BMW will invest $1 billion dollars to build a plant in San Luis Potosi, where it will assemble up to 150,000 units annually of its 3.28 model, announced Harald Krüger, member of the board of directors of BMW Group for production and manufacturing. The new complex will generate 1,500 direct jobs once it starts operations in 2019, Krüger added during the official…

MEXICO CITY (August 7, 2013) - Above China and India, Mexico is placed as the number one country in attracting Foreign Direct Investment (FDI) in the aerospace industry, which contributes 10% of manufacturing GDP. "It is not the automotive industry, it is the aerospace industry, we attract 1,300 million dollars (mdd) approximately every year. There were $15,000 million dollars and more $6,000…

The aerospace industry in Mexico has positioned itself in recent years as a strategic cluster for the country's economic development, currently operating in the country 267 companies that employ 34,000 workers in the manufacturing productive sector, located in 18 states. In an interview with Mexican Business Web, Carlos J. Bello, general director of the Mexican Federation of Aerospace Industry(…