ECLA: Export sector creates few jobs in Mexico

The Bulletin Panama - Compared to other Latin American countries, the export sectors in Mexico create very little employment, according to a comparative study by the Economic Commission for Latin America (ECLAC).

Manufacturing slows for third month in a row

Reuters - The pace of growth in Mexico's manufacturing sector slowed for the third month in a row in September while factories' costs and prices both rose, an HSBC survey showed on Monday.

July industrial production rises more than expected

Reuters - Mexican industrial output rose more than expected in July, bolstering hope that Latin America's second-largest economy might withstand a soft patch in the United States. Growth was driven by the utilities sector.

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.

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.

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.

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.

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.

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.

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.

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