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In order to increase production of hot rolling, galvanizing and finishing, Ternium confirmed that it will invest 1 billion dollars to expand its Pesqueria Industrial Center in Nuevo Leon. Italian companies that produce metalworking and manufacturing machinery are a good option as suppliers for this type of company and its industrial sector. This was confirmed by Máximo Vedoya, CEO of the steel…
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…
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…
As part of Promexico's Mexico-European Union competitiveness and innovation program (PROCEI), the European Community will invest 20 million pesos in Mexico to train 25 Mexican SMEs to obtain AS9100 aeronautical certification this year. Through the Aeronautical Testing and Technology Laboratory (Labta), SMEs in areas such as metal mechanics, electrical systems and even companies dedicated to…