According to La Cámara Nacional el Hierro y el Acero (Canacero) Mexico ranked 15th as a world producer of crude steel in 2021 and generated 672,000 direct and indirect jobs, with an investment of $14,461 mdd in the last 10 years, that is, from 2012 to 2021. A total of 18.5 million tons of crude steel were produced in 2021, a figure that represented a reduction of -8.3% compared to the record figure achieved in 2018. The consumption of finished steel products per capita was 203 kg per year, while the average global consumption was 233 kg per year. Among the main steel producers published by the

Despite the crisis generated by the COVID-19 pandemic, the shortage of components and microprocessors for vehicle production, Mexico continues to offer competitive advantages compared to other countries, in addition to being one of the main manufacturing hubs worldwide, said Francisco Bautista, Ernst & Young (EY) Latin America North Advanced Manufacturing and Mobility Lead Partner. During the press conference on the "Perspective of the Automotive Industry in Mexico", the specialist said that 27% of the GDP comes from advanced manufacturing, 90% of the manufacturing industry represents

He commented that these industries include food, commercial and metal mechanics, among others, which, if their investment in this site is completed, could create between 1,500 and 2,000 direct jobs. He commented that there is no investment average for these industries, given that they depend on the line of business and the size that their plants require to operate, but minimally they could be investing around five million pesos. The president of the Association of Entrepreneurs of the Tehuacán-Miahuatlán Industrial Park, Atonio Vázquez García indicates that there are several factors that

A center for industrial innovation in design and digital manufacturing for the Bajío aerospace sector (CIIA) was inaugurated on Tuesday in Aguascalientes, Mexico, to boost aeronautics companies in that country. The project involves the Government of the State of Aguascalientes, private companies and the Instituto Tecnológico de Aguascalientes on behalf of the academic sector. The new center joins the five already existing in Mexico to attract investments from private companies that will enable the strategic development of the aerospace sector, which already has a solid presence in states such

The possibility of a new crisis in the automotive industry in Mexico, not only in Coahuila, was warned by Tereso Medina Ramírez, who pointed out that he does not want this to lead to the dismissal of workers, but that there could be technical stoppages as happened during the pandemic. The state leader of the CTM in Coahuila pointed out that the situation that could cause this new alarm in the production of automobiles and trucks is the military intervention of Russia in Ukraine, where there is one of the largest semiconductor or chip production plants, a problem that has not yet been solved

With an investment of more than US$17 million, the new Magneti Marelli plant started operations in Ramos Arizpe, Mexico. These structures, the fourth project installed by the company in the northern state of Coahuila, will generate 250 jobs. During the inauguration ceremony, Governor Miguel Ángel Riquelme pointed out that the new plant dedicated to the production of components for the automotive industry consolidates the attraction of investment and economic development opportunities in the state. Humberto Lopes, general manager of the plant, indicated that it is expected that within two years

The northern region ( Chihuahua, Coahuila, Durango, Nuevo Leon and Zacatecas) was the area with the second largest number of projects and the first in cumulative investment amount, with US$2,456.6 million (+65.59% vs. 2020), mainly concentrated in the state of Coahuila, which received the largest investment in 2021 with the announcement by General Motors to transform its Ramos Arizpe complex into a production site for electric cars and their components, which represents an investment of at least US$1 billion. Coahuila was also the second largest attractor of projects, with 20 new investments

With 62 projects and 1,093.17 million dollars in investments, the Bajío region (Aguascalientes, Guanajuato, Querétaro and San Luis Potosí) continues to be the automotive zone with the greatest movement and dynamism in the country. In 2021, the Bajío recovered 17,643 jobs and accumulated more than 2.8 million square meters of construction of automotive plants and new industrial park projects for the sector. . Guanajuato maintained its leading position in attracting investment in the sector with US$497.17 million during 2021, although it registered 35% fewer projects than in 2020 (when 40

The most recent report from Directorio Automotriz detailed that Guanajuato attracted more than 26 projects for new plants or expansions, making it the state that attracted the most investment in the automotive sector in all of Mexico during 2021. The report details that during the 4Q of 2021, 21 investment projects were received in the sector, coming from 10 countries. Of these, 8 correspond to new investments in industrial plants and 13 to expansions of existing plants. The report details that during the 4Q of 2021, 21 investment projects were received in the sector from 10 countries. It also

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 announcement made at the Official Residence of Los Pinos. BMW revealed last year its interest in assembling both the 1 Series and 3 Series in Mexico, as long as the right market conditions were generated