Manufacturing
Aquaviridis and OriginOil form venture in Mexicali
Bioenergy insight - Algae producer Aquaviridis has joined forces with OriginOil to develop a new technology that extracts oil from the algae and will develop this multi-phase production at its Mexicali site in Mexico.
Chrysler de Mexico reports strong start to 2012
3D-Car-Shows - Chrysler de Mexico reported January 2012 sales of 7,516 units, a 4 percent increase compared with sales in January 2011. The Jeep Compass posted a gain of 201 percent year-over-year.
3d-car-shows.com/2012/chrysler-de-mexico-reports-strong-start-of-sales-for-january-2012chrysler-de-mexico-posts-a-monthly-sales-increase-of-4-percent/
Peso strengthens amid optimism for U.S. manufacturing
Bloomberg - Mexico’s peso advanced the most in two weeks as speculation that manufacturing growth is quickening in the U.S. boosted the outlook for the Latin American country’s exports. The peso rose 0.8 percent to 12.9408 per U.S. dollar.
Siemens opens manufacturing plant in Zapopan
Sentido Comun - Siemens has opened a new manufacturing plant in Zapopan, Jalisco, to manufacture starters for electric motors and control components for industrial electrial processes. The company expects to generate about 150 jobs.
Invacare wheelchair production being moved to Reynosa
The Morning Journal - Invacare is moving production of its Solara manual wheelchairs to Invamex, an Invacare manufacturing facility in Reynosa, to better respond to violations of FDA regulations, the company said.
Nissan confirms plans to build $2 billion plant in Mexico
Detroit News - Nissan Motor Co. confirmed it will build a $2 billion plant in Mexico to initially build 175,000 small cars annually. The factory will be the Japanese automaker's third in Mexico. It will begin production in late 2013.
Auto parts industry created 600,000 jobs in 2011
El Universal - The auto parts industry said that the sector created 600,000 jobs and generated $65 billion in both domestic production and exports during 2011, while acknowledging that a downturn will affect production this year.
New Nissan plant in Mexico could include Daimler
The Tennessean - While Nissan confirmed last week that it would build a new plant in Mexico, rather than the United States, a report from Germany said that Daimler also will build a new North American plant, either in the United States or Mexico.
Companies moving jobs back to U.S. from Mexico
Economic Times - American companies are now moving jobs back from countries like China, Japan and Mexico and India could be next as the White House will soon announce incentives for bringing employment to the country.
Industrial production rises slightly in November
Sentido Comun - Industrial production rose at a seasonally adjusted 0.11 percent in November against October, the second in three months. In annual terms, industrial production rose 3.2 percent in November over the same month last year.
