Oil giant ExxonMobil is about to invest USD 300 million, over the next 10 years, to establish a network of gas stations in Mexico.
The decision follows the reform of the energy sector, launched by the central government in 2013, which liberalized the same and allowed large groups and private companies, such as Exxonmobil, to play a greater role in the production and wholesale and retail sale of…
In the first quarter of 2017, Mexico exported USD 11 thousand million worth of automotive parts and components to the United States, up 3 percent from the same period in 2016. Mexico's market share of U.S. imports in the sector almost reached 40 percent. Mexico remains the top U.S. partner in the automotive supply chain, followed by Canada, with 12 percent of the market, China, with 11.3 percent…
Siliconature SpA a manufacturer of siliconized and treated films for special applications, from Godega di Sant'Urbano in the province of Treviso, has decided to invest in the United States, for its first plant on American soil and has chosen Kenwood, a suburb of Grand Rapids, Michigan. The investment, worth $26 million, will create 26 new jobs.
To facilitate the project, the Michigan Economic…
The Roboze Group, a Bari-based company of industrial techno-polymer 3D printers for cutting-edge applications, recently opened a sales office in New York.
The opening of the new office is in line with the company's strategic plan of international expansion and aims to provide safe and reliable solutions that meet demands. Roboze Inc is located at on prestigious Madison Avenue in downtown New York…
Riello UPS, a division of the Riello Elettronica Group specializing in electronics, networking and IP telephony technologies, announced in February the opening of its first branch office in the United States. The Riello UPS headquarters in the U.S. will be located in West Chester, near Cincinnati, Ohio. The facility will have a total floor area of as much as 10,000 square feet and will house the…
Irving Shipbuilding, one of North America's leading shipyards, based in Halifax, NS, has begun recruiting workers-skilled technicians and engineers-abroad and has done so starting in Genoa, Italy. Last May 8, it started its recruitment road trip in the Ligurian capital, which will then continue to Spain and Poland.
The increased workforce, along with a $360 million investment in shipbuilding…
The Canadian federal government has created a $54 million fund to support research and innovation in the country's aerospace sector and in particular to foster the development of technologies, materials, systems and components for the next generation of aircraft.
The fund will be managed by a consortium of 15 companies and research institutions in the country, headed by Bombardier Inc. The…
Stanpac Inc, a Canadian ice cream package and glass container printing company, has announced a $45.6 million (Euro 34 million) investment to increase capacity at its Smithville, Ontario, plant by adding as many as four new fully automated production lines and new digital technologies.
The investment will enable Stanpac to serve the growing demand for printing services coming primarily from the U…
Injection molding mold maker of automotive components (interior, exterior, and optical systems), Integrity Tool & Mold Inc. based in Oldcastle, near Windsor, Ontario, the beating heart of the North American automotive industry, has announced a $22.8 million investment to acquire new technology and expand its 24,000-square-foot production superfice.
The investment is expected to generate 52…
The Canadian division of the German Schaeffler Group, which specializes in bearing construction, has started a project to expand its manufacturing plant in Stratford, Ontario, which would be worth more than $13 million (10 million euros).
The investment will enable Schaeffler Canada to add two new assembly lines, purchase advanced equipment and machinery, and increase the facility's level of…