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SALTILLO, Coahuila (10/10/2013) - This Thursday, President Enrique Peña Nieto, accompanied by the Secretary of Economy, Ildefonso Guajardo, inaugurated the new Chrysler assembly plant that was built in 18 months to manufacture the new Ram ProMaster commercial vehicle and with which the automaker is positioned to improve its participation in domestic production and sales as well as in exports of…
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…
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…
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…
MEXICO CITY - The metal-mechanic industry includes everything from screw manufacturers to equipment producers, and the National Chamber of the Transformation Industry (Canacintra) is seeking to boost this sector through certifications, greater linkage and technification of production plants, explained Pablo Alberto Briseño Alonso, liaison president of the metal-mechanic branch of the business…
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…
MEXICO CITY - In 2012, the production of machine tools, robots and automation systems for the manufacturing industry in Italy reached 4.93 billion euros, showing a growth of 3.5% compared to the previous year, reported the Italian association of machine tool producers UCIMU-SISTEMI PER PRODURRE. This result was made possible by the good performance in exports, which grew by 12%, reaching 3.65…