MEXICO CITY - The Secretary of Economy, Ildefonso Guajardo, highlighted that this year alone, in the steel industry alone, six billion dollars of investment were consolidated with the generation of almost five thousand jobs.
During his participation in the Inauguration of the Ternium Mexico Steel Complex, the official pointed out that this work is thanks to the fact that we have achieved a…
With an investment of 700million pesos, the cement company Holcim Apasco will change its name to Holcim México and improve its assets.
To modify its image and corporate name, the company will allocate 200 million pesos, while it will channel another 500 million pesos to improve its assets, informed Eduardo Kretschemer, CEO of the Mexican construction production sector company, at a press…
With the expansion of Tenaris-Tamsa, a thousand people have been hired to the workforce of the company dedicated to the manufacture of steel pipes, informed the company's Public Relations Manager, Gerardo Cárdenas Hernández.
He pointed out that there are 4,700 people working on a permanent basis and that the factory generates around 20,000 indirect jobs per year, benefiting the region and…
The Japanese automaker Honda announced Thursday that it will invest $470million dollars to build its fourth plant in Mexico, which will be located in Celaya, Guanajuato, and will specialize in the production of transmissions.
Tetsuo Iwamura, executive vice president of Honda Motor, said the new factory will generate 1,500 direct jobs and will start operations in the second half of 2015.
Last year…
Given the growth of the aerospace industry, manufacturers of industrial buildings for maintenance, repair and overhaul (MRO) have new projects in the pipeline; specifically at the Queretaro state airport, where Bombardier and Kuo Aerospace, General Electric (GE), Sames (Snecma America Engine Services), among other companies, are located.
Luis M. Barreiro Hernández, director of the marketing area…
In Mexico, spending by companies on capital goods and infrastructure grew 4.6% at an annual rate in January, above analysts' forecasts, which could be stimulated in February and March due to the lower cost of imported machinery as a result of a strong exchange rate.
Alejandro Cervantes, an analyst at Banorte-Ixe, stated that " investment in machinery and equipment will most likely present 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…
During the inauguration of Pirelli's first production plant, the head of the Ministry of Economy (SE), Bruno Ferrari García de Alba, stated that the investment made by this company ratifies that investors continue to choose Mexico as one of their main productive investment destinations.In a statement issued by said federal agency, the federal secretary informed the President of Mexico, Felipe…