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…
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…
By: Ivet Rodríguez
The installation of Audi, BMW and Mercedes Benz-Infinit plants in Mexico is an opportunity to raise the level of automotive production in the country. However, on the road to premium quality, there are several challenges to overcome, such as the consolidation of a competitive supplier base.
Armando Bravo, Director of the Center for the Development of the Automotive…
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…
MEXICO CITY (August 7, 2013) - Above China and India, Mexico is placed as the number one country in attracting Foreign Direct Investment (FDI) in the aerospace industry, which contributes 10% of manufacturing GDP.
"It is not the automotive industry, it is the aerospace industry, we attract 1,300 million dollars (mdd) approximately every year. There were $15,000 million dollars and more $6,000…
After commenting that in the last 10 years Mexico has worked on market diversification and that as a result South America, Brazil, Argentina and Colombia represent the second most important market for the automotive sector, after the United States, the Executive President of the National Auto Parts Industry (INA), Óscar Albín Santos referred to this state, which, he said, is attractive for…
Mexico increased the value of its auto parts production by 10.3% between 2011 and 2012, displacing South Korea as the fifth largest global manufacturer of automotive parts and components.
Mexico's main advantage over Asia was the diversification of sales, since while the bulk of South Korea's auto parts production is for its assembly plants (such as Hyundai, Kia and SsangYong), Mexico serves…