4-traders - Air Liquide announces a new investment in northern Mexico to build a new Air Separation Unit (ASU) and a Steam Methane Reformer (SMR) in Pesquería, Nuevo León, to supply nitrogen and hydrogen to steel manufacturers Ternium and Tenigal.
Leicester Mercury - JJ Churchill, which manufactures turbine blades for aero engines and gas turbines, is building a new plant in Mexico in an agreement with Mexican partner company, The Offshore Group.
Reuters - Mexican industrial output rose in April from March, helped by solid factory production that backed expectations for policymakers to leave interest rates steady through next year. Production jumped nearly 0.7 percent from March.
Financial Times - Mexico remains a far more popular destination than the United States for “reshoring” manufacturing to supply North American demand, according to research by a global business advisory firm.
Globe and Mail - Ski-Doo maker Bombardier Recreational Products Inc. is trimming 8 percent of its work force as it shifts more of its production work to a new plant in an undisclosed location in Mexico.
Reuters - A leading index of Mexico's manufacturing sector fell in March, a report on Monday showed, but the barometer still points to growth ahead. The Mexican economy is expected to grow 3.43 percent this year.
Sentido Comun - The National Council of Maquiladora and Export Manufacturing expects the industy's exports to grow about 12 percent in the first quarter. Last year, manufactured exports generated more than $170 billion.
Reuters - German carmaker Volkswagen said that output at its Mexican plants would likely rise 20 percent in 2012 compared with 2011 as U.S. demand exceeds capacity. The company expects to produce 615,000 vehicles this year.
Dow Jones - Mexico's industrial production likely posted another moderate gain in January as compared with the year-ago month, with auto production still showing solid numbers, although economists differed on how strong non-auto manufacturing gains might be.
Sentido Comun - Tenaris Tamsa, the Mexican subsidiary of the leading manufacturer of tubes for the oil and gas industry worldwide, Tenaris, launched a new $30 million factory in Mexico to produce mechanical sucker rods, the first of its kind in Mexico.