manufacturing-featured

manufacturing-featured

Manufacturing sector growth eases in August

Reuters - The pace of growth in Mexico's manufacturing sector slowed slightly in August but new orders picked up, a survey showed on Monday.

in.reuters.com/article/2012/09/03/mexico-economy-pmi-idINE1E8HM00Y20120903

Delta to enter repair venture with Aeromexico

Bloomberg - Delta Air Lines Inc. and Grupo Aeromexico said they will build a maintenance, repair and overhaul center in the central Mexican state of Queretaro, bolstering the region’s growing aerospace industry.

www.bloomberg.com/news/2012-08-31/delta-aeromexico-to-build-repair-center-in-central-mexico.html

Mexico factory exports dip in June for second month

Reuters - Mexican manufactured exports dipped in June, adjusted for seasonal swings, for the second straight month as a global slowdown weighed on demand. Slowing job growth in the United States might be crimping demand for Mexican exports.

www.reuters.com/article/2012/07/26/mexico-economy-idUSL2E8IQ31320120726

Mexico takes flight as hub for aerospace industry

McClatchy Newspapers - More than 260 aerospace companies now operate in Mexico, exporting some $4.3 billion in aircraft and parts last year. The Mexican government has set a target of $12 billion in such exports by 2020, which would surpass Brazil and Spain.

www.miamiherald.com/2012/07/18/2901420/mexico-takes-flight-as-hub-for.html

Hyundai is setting up die casting plant in Tijuana

PR Web - Korean automotive leader Hyundai announced investment in a new $131 million aluminum die casting plant in Tijuana, adding nearly 300 new jobs to the company’s current base of 2,300 employees.

www.virtual-strategy.com/2012/07/16/hyundai-translead-set-new-aluminum-die-casting-plant-tijuana-mexico

Nissan officially starts construction of 3rd complex

Auto World News - Japanese automaker, Nissan officially began construction on its third manufacturing complex in Aguascalientes. The complex is the second in the state. It will produce 175,000 compact vehicles per year and create 3,000 jobs.

www.autoworldnews.com/articles/1991/20120711/nissan-motors-inaugurates-2-billion-plant-mexico.htm

Air Liquide to build unit to supply steel manufacturers

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.

www.4-traders.com/AIR-LIQUIDE-4605/news/AIR-LIQUIDE-Mexico-new-investment-in-the-North-for-steel-manufacturers-14405304/

JJ Churchill to make aero gas turbines in Mexico

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.

www.thisisleicestershire.co.uk/Aerospace-firm-expands-Mexico/story-16477370-detail/story.html

April industrial output rises, led by factories

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.

in.reuters.com/article/2012/06/11/mexico-economy-idINL3E8HB5PM20120611

Mexico most popular for "reshoring" manufacturing

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.

www.ft.com/intl/cms/s/0/ec164996-ad23-11e1-bb93-00144feabdc0.html#axzz1wpTlMQWf

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