News

Pilot Plan to expedite Mexico-USA border crossing is announced

Mexico's National Council of the Manufacturing Export Industry (Index) is launching a pilot plan to assess four USA - Mexico crossing points (Nogales, Sonora; Ciudad Juarez, Chihuahua; and Nuevo Laredo and Reynosa, in Tamaulipas), in order to locate...

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Coahuila is being promoted in Korea

A Business Mission from the State of Coahuila is currently in Korea, as part of a plan to promote the arrival of new investment to generate jobs for Coahuila citizens Jose Antonio Gutierrez Jardon, Secretary of Economy Development, Competitiveness...

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Cooper Standard inaugurates plant in Ciudad Juarez

Cooper Standard's Automotive Seals Plant in Ciudad Juarez (Planta Sellos de Juarez), was inaugurated recently with an investment of US$30 million and 750 new direct jobs created The new factory, located at Parque Industrial Juarez, manufactures...

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Nuevo Leon expects FDI of US$4.6 billion in 2016

According to Fernando Turner, Ministry of Economic Development of the State of Nuevo Leon, Foreign Direct Investment (FDI) started during the last quarter of 2015 and the first quarter of 2016 , with US$39 billion and 9,600 new jobs and 75...

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Saltillo engages investment for US$243 million

An investment for US$243 million benefited the City of Saltillo, Coahuila, during the first quarter this year, outgrowing the amount from last year According to reports by the Direction of Economy Development of Saltillo, 18 plans for funding have...

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KIA supplier starts operations in Nuevo Leon

MCNS Mitsui Chemicals & SKC Polyurethanes, supplier to KIA Motors Mexico, just started operations in Interpuerto Monterrey, Salinas Victoria, with an investment of US$82 million Shin Won Choi, Chairman of the company and Samuel Peña Guzman, Sub...

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Whirlpool expands Nuevo Leon production

Whirlpool just installed a second line of production of large load automatic washers in its Apodaca, Nuevo Leon campus With this line, the US corporation is expanding its large-machines' production by 70%, selling most of these items in the Mexican...

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Swedish entrepreneurs turn to Coahuila

Representatives from at least 10 Swedish companies will visit Coahuila next November, to explore the possibility of making investments, informed Ricardo Schumm Cerpa, Sub secretary of Economic Development, Competitiveness and Tourism This mission...

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Maquilas in Juarez under expansion

Javier Sanchez Carlos, Sub secretary of Economy of the North Zone, claims that some of the companies currently operating in Ciudad Juarez need to expand, and so they are considering to start operations in neighboring municipalities This actions...

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Manufacturing industry re-gains employment in Sonora

Sonora's export manufacturing industry, that was stagnant during the 2008-2013 period, has been recovering over the last two years and an increase in job openings and export-related income is expected to occur in 2016 , experts say In 2010,...

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