PRNewswire - Owens Corning, a leading global producer of glass fiber reinforcements, is investing in the construction of a new furnace to expand production capacity at its Tlaxcala glass reinforcements facility.
Reuters - Honda Motor Co.'s factory in Jalisco might suspend up to half its workforce, some 1,100 employees, as inventories run low following the earthquake and tsunami in Japan, a local newspaper reported. Honda makes the CR-V sports utility vehicle at that plant.
Maquila Portal - The Japanese company Yazaki will install three new industrial plants in Chihuahua over the next two years, which will generate 1,200 jobs. Yazaki, which already has 10 plants in the state, plans to also enter into the agro-business market.
Maquila Portal - After Delphi halted investment in Ciudad Juarez for two years, the automotive parts firm announced that it will spend $11 million for a new production line at its Rio Bravo Electronics plant in the city. The project will create 240 new jobs.
Fox News Latino - Experts from the United States, Mexico and Canada are drawing up a new law regulating the trade in discarded electronics. More than 110 million televisions, computers and computer monitors are thrown away every year in the three nations.
Maquila Portal - The new Export Maquiladora Industry Decree, published last December 24, puts at stake close to 10,000 jobs, because it takes away maquila benefits from all services companies, Claudia Lopez Troutiño, AMAC Vice-president, said.
Dow Jones - Mexico's industrial production grew more than expected in December, with manufacturing, mining and construction output all rising from the same month a year ago, bringing full-year 2010 growth to 6.1 percent, Inegi said Friday.
El Universal - There was an exodus of companies from northern Mexico, mainly Tamaulipas, Chihuahua and Coahuila, because of the state of insecurity due to Mexico's drug war, said Mario Sanchez Ruiz, chairman of the Business Coordinating Council (CCE).
Sentido Comun - Deacero, a Mexican steel company, is currently investing $500 million in building a steel plant in the state of Coahuila. The plant, which will employ 500 workers, will have a production capacity of 1.5 million tons of steel.
Reuters - The Mexican economy is getting a helping hand from Chinese workers whose rising wages are leading more companies to build factories in Mexico. Mexican factory wages are now about 14 percent higher than in China, compared with 240 percent in 2002.