EuroGroup Laminations, an Italian group engaged in the design, production, and distribution of stators and rotors for electric motors and generators, inaugurated a new production plant in Querétaro with an investment of 50 million euros. This location serves as the headquarters for the subsidiary Eurotranciatura, which, in the first months of 2023, experienced a 33% growth, generating revenues of…
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…
Mexico reached a record share of the U.S. automotive import market in 2021, according to data from the Department of Commerce (DOC).
Mexico's automotive exports to its northern neighbor totaled 128.622 billion dollars in 2021, an increase of 13.9% at an annual rate.
The United States represents the largest automotive import market in the world and Mexico and Canada are among its main suppliers…
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 auto parts industry is working hand in hand with the Ministry of Economy (SE) to create Mexican Official Standards (NOM) to standardize the quality of automotive parts.
"Very few spare parts in Mexico have a NOM, so we are practically starting from scratch," said Oscar Albin, president of the National Auto Parts Industry (INA).
The objective is for the new standards to distinguish between a…
april 1, 2013
MEXICO CITY, April 1.- The Bajío has become Mexico's new manufacturing hub, thanks to a relatively better-educated workforce, improved security and good infrastructure, noted U.S. analyst firm Stratfor.
The firm's text points out that Mexico's manufacturing sector has become more sophisticated under the North American Free Trade Agreement (NAFTA), making more value-added products…
Despite the upheavals caused by the global economic crisis unleashed in 2008 and from which Europe has not yet recovered, Italy is currently reorganizing its government with the departure of Silvio Berlusconi, and is developing a great industrial activity. The automotive companies, agriculture and tourism stand out, which has allowed Italy to occupy the fifth place among the seven most…