Financial Times - Brazil’s Roberto Azevêdo has emerged as the new director-general of the World Trade Organization after seeing off the US and EU’s favoured candidate, Herminio Blanco of Mexico, according to officials familiar with the contest.Trade & Investment
Nordyn is moving Missouri operations to Mexico
St. Louis Business Journal - Nordyne, a designer and manufacturer of heating and cooling products, plans to gradually relocate its Missouri production lines to Mexico, affecting 700 employees.
www.bizjournals.com/stlouis/morning_call/2013/03/nordyne-moving-poplar-bluff-operations.html
Riedel Communications opens sales office in Mexico City
TV Technology - Riedel Communications has opened a dedicated sales outlet in Mexico City to address growing demand for real-time video, audio, data and communications network solutions in Mexico, Central America, and the Caribbean.
Natural gas imports from U.S. grow 24% in 2012
MENAFN - The US Energy Information Administration (EIA) said natural gas shipments to Mexico climbed by 24 percent last year to 1.69 billion cubic feet per day (Bcf/d). The EIA said that natural gas imports make up 30 percent of Mexico's total supply.
www.menafn.com/menafn/1093618488/Mexicos-natural-gas-imports-from-US-grow-24-2012
Concours Mold is doubling production space in Puebla
Plastics News - Concours Mold Inc. is investing $5.5 million to almost double the size of its manufacturing facility in Huejotzingo, in the state of Puebla. The Ontario company opened the plant in July 2010.
Auto production slows in February on weakened exports
Dow Jones - Mexico's auto production in February rose a scant 1.6 percent from a year earlier to 246,197 vehicles as exports to South America, Europe and the key U.S. market cooled, the Mexican Automobile Industry Association, or Amia, said Wednesday.
www.foxbusiness.com/news/2013/03/06/mexico-auto-production-slows-in-february-on-weaker-exports/
Lemon exports surge during most of 2012
Fresh Plaza - Mexico's lemon exports from January to September 2012 increased by 44 percent compared to the previous year. In this period it exported 492,000 tons of lemons, worth $211 million. Main destination were the US, the Netherlands, Great Britain, Canada and Japan.
Mexico, U.S. sign tomato pricing agreement
AP — Mexico says its tomato growers have signed and implemented a new agreement with the United States to end a dispute over trade in fresh tomatoes. Mexico's tomato trade with the U.S. was worth more than $1.8 billion in 2011.
www.usnews.com/news/business/articles/2013/03/04/mexico-us-sign-tomato-pricing-agreement
Superior Industries to build wheel plant in Mexico
RubberNews.com - Alloy wheel supplier Superior Industries International Inc. plans to build a $125 million plant in Mexico to help boost its North American business. Production at the site is expected to begin in about two years.
Grupo Mexico considers building new zinc refinery
Reuters – Mexican mining and infrastructure giant Grupo Mexico is considering investing in a second zinc smelter to be built in northern Mexico. If the company proceeds, the refinery will be built in the next five years and will double refined zinc capacity.
www.miningweekly.com/article/grupo-mexico-considers-new-zinc-refinery-in-northern-mexico-2013-02-26
Preferred Compounding to boost capacity in Mexico
RubberNews.com - Preferred Compounding de Mexico, a subsidiary of Ohio's Preferred Compounding Corp., plans to quadruple its capacity at its custom rubber compounding plant in Mexico and add up to two dozen employees at the site in 2013.
www.rubbernews.com/article/20130225/ISSUE/302259990/preferred-to-boost-capacity-in-mexico
