News

Automotive Industry in Nuevo Leon will export US$12 billion

The automotive industry established in Nuevo Leon is expected to reach exports worth US$12 billion in 2017, which will be possible thanks to the participation of 250 supply firms, including 27 Tier 1 providers “Nuevo Leon is exporting US$35...

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Constellation Brands to invest US$160 million in Sonora

Constellation Brands will invest US$160 million to expand its production capacity, from 25 million to 35 million hectoliters per year, at the beer production plant located in Ciudad Oregon, Sonora The beer brands Corona, Pacifico and Modelo Especial...

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Bendix opens a logistics center in its factory in Acuña

Bendix Commercial Vehicle Systems LLC is adding a logistics center to  its production plant in Acuña, after seeing the significant and constant growth rates of its operations The center, with an extension of 10,126 square meters, is located 24...

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Kia boosts Nuevo Leon's job market

Kia's arrival to Pesqueria generated 7,400 jobs in Nuevo Leon and has increased salaries in the automotive industry The Korean auto manufacturer has caused, in a little under three years, a 59% increase in the IMSS records of the total wages paid in...

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Ternium invests US$ 1.1 billion in plant

Ternium announced an upcoming investment of US$11 billion for a new hot rolling mill plant in its Industrial Center in Pesqueria, Nuevo Leon, which will be operating by the second half of 2020 This investment will provide significant technological...

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Coahuila seeks to attract 10 more companies

The Government of the State of Coahuila is expecting to complete the arrival of roughly 10 more companies by December, which would close this 6-year period in office with more than 160,000 jobs to drive economic development, informed the Governor...

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Neo Tech inaugurated its second plant in Ciudad Juarez

Sudesh Arora, CEO of Neo Tech and Armando Cabada, Mayor of Ciudad Juarez, presided over the opening of the second plant of this Company in Juarez, Chihuahua, to  generate employment for 120 people Neo Tech, with presence in city for over 15 years...

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NL and Coahuila competing for an auto part plant

Nuevo Leon and Coahuila are competing to attract investment to manufacture automotive parts for the firm based out of Germany, Audi These pieces for one of Audi's models are currently produced in India, but the company is considering to make them...

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Lear to generate up to 7,000 new jobs

With a goal to open up to 7,000 direct jobs, Today is the official inauguration of the first stage of Coahuila de Lear Corporation plant a manufacturer of automotive accessories, which arrived in La Laguna zone, with a US$ 56 million investment...

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Nuevo Leon attracts foreign investment worth US$ 6.7 billion

According to records from the Ministry of Economy and Labor in Nuevo Leon (SEDET), Foreign Investment valued at US$67 billion was announced, and it has created over23, 594 new jobs The Foreign Direct Investment (FDI) report made by SEDET...

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