The Japanese automaker Honda announced Thursday that it will invest $470 million dollars to build its fourth plant in Mexico, which will be located in Celaya, Guanajuato, and will specialize in the production of transmissions. Tetsuo Iwamura, executive vice president of Honda Motor, said the new factory will generate 1,500 direct jobs and will start operations in the second half of 2015. Last year, with an investment of $800 million dollars, the company began the construction of an assembly plant also in Celaya, which will employ 3,200 people in the manufacturing sector when it reaches its

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 organization. The metal-mechanic industry is made up of 18 branches and the lack of an industrial policy aimed at promoting this sector has limited the growth of some of them. For example, according to

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, such as automotive, aeronautics and electronics, and now does so outside the traditional U.S.-Mexico border region. "As the country's economy has grown, a secondary manufacturing core has emerged in the

He assured that although "not all Mexican plastic companies will be able to immediately access the automotive supply market, the benefit will be gradual". Last year alone the demand for auto parts of this material increased, so the market reported a growth level of about 10% compared to 2011, coupled with the fact that Mexican manufacturing plants offer better quality products worldwide with prices 20% cheaper than those manufactured in the United States. Therefore, the business organization expects the plastics sector to grow at rates above 6% in 2013, "which is equivalent to almost double