Despite the crisis generated by the COVID-19 pandemic, the shortage of components and microprocessors for vehicle production, Mexico continues to offer competitive advantages compared to other countries, in addition to being one of the main manufacturing hubs worldwide, said Francisco Bautista, Ernst & Young (EY) Latin America North Advanced Manufacturing and Mobility Lead Partner.
During…
MEXICO CITY - The Secretary of Economy, Ildefonso Guajardo, highlighted that this year alone, in the steel industry alone, six billion dollars of investment were consolidated with the generation of almost five thousand jobs.
During his participation in the Inauguration of the Ternium Mexico Steel Complex, the official pointed out that this work is thanks to the fact that we have achieved a…
PESQUERÍA, Nuevo León (09/18/2013) - President Enrique Peña Nieto inaugurated Ternium's new plant, located in this municipality, which will have a capacity of one and a half million tons of cold rolled products and 400,000 tons of galvanized products. It will also employ 600 people.
With this plant, which began construction in 2011, the automotive industry will stop importing cold-rolled steel…
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…