Companies

Companies

Axtel, Unisys win identity card competition

CNNExpansion - A consortium made up of Axtel and Unisys de Mexico won the public tender to provide the computer infrastructure for providing the the National Personal Identification Number, the Interior Ministry reported.

www.cnnexpansion.com/actualidad/2009/12/14/axtel-y-unisys-ganan-concurso-de-cedula

Liebherr is building $110 million high-tech plant

Maquila Portal - The German company Liebherr announced yesterday it is starting construction of a $110 plant in Nuevo Leon to manufacture components for high technology activators. It is expected to start operating in the summer of 2010.

www.maquilaportal.com/cgi-bin/public/board.pl

Store sales fall 2.2% in Nov., first drop in five months

Sentido Comun - The National Association of Supermarkets and Department Stores said comparable store sales fell 2.2 percent in November against the same month last year, the first decline in five months and another symptom of the fragility of economic recovery.

www.sentidocomun.com.mx/breves.phtml

Mexico phone rates rank lowest among OECD

El Financiero - Of the 30 countries comprising the Organization for Economic Cooperation and Development (OECD), Mexico is the one that has the lowest phone rates. Ireland ranks as the most expensive. The United States is No. 21. Spain is No. 12.

www.elfinanciero.com.mx/ElFinanciero/Portal/cfpages/contentmgr.cfm

More than 3,000 LyFC workers enrolled in courses

El Financiero -  The Ministry of Labor and Social Welfare (STPS) reported that 3,237 former Luz y Fuerza del Centro employees are being trained in courses under a program to provide assistance in making the transition to other jobs.

www.elfinanciero.com.mx/ElFinanciero/Portal/cfpages/contentmgr.cfm

Homex expects 12-14% growth next year

Dow Jones - Mexican home builder Desarrolladora Homex said Monday it sees 2010 revenue rising 12 percent to 14 percent from this year amid continued government financing for low-income housing.

online.wsj.com/article/BT-CO-20091214-715039.html

Arca opens expanded Coke bottling plant

Dow Jones - The second-largest Coca-Cola bottler in Mexico and Latin America, Embotelladoras Arca, said Monday it has put into operation the $27.5 million expansion of its Culiacan plant. The expansion will increase the plant's annual production capacity by 30 percent and add 180 new jobs.

online.wsj.com/article/BT-CO-20091214-713603.html

Industrial production falls less than expected

Dow Jones - Mexico's industrial production fell less than expected in October from the year-ago month, as manufacturing of such goods as automobiles and electronics posted the smallest decline in a year. October industrial production fell 5.2 percent from the year-ago month, less than the 5.8 percent drop forecast.

online.wsj.com/article/BT-CO-20091214-711276.html

America Movil plans $850 million investments in 2010

Dow Jones - America Movil, Latin America's biggest mobile operator, could invest around $850 million in its domestic operations during 2010, according to Chief Executive Daniel Hajj. He said the company still is evaluating the impact that higher taxes will have on TelCel next year.

online.wsj.com/article/BT-CO-20091214-715208.html

Private lenders predict 108,600 home loans

Dow Jones - Mexico's private sector lenders could make up to 180,600 home loans for 93.2 billion pesos ($7.31 billion) next year as the mortgage industry recovers from a sharp downturn in 2009, according to a top industry executive.

online.wsj.com/article/BT-CO-20091214-713702.html

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