Bombardier is moving some of its operations away from Northern Ireland to cheaper countries including Mexico and Morocco, the Belfast Telegraph can reveal.
Sekisui Plastics USA is pleased to announce the establishment of a new corporation in Mexico, Sekisui Plastics Mexico, S.A. de C.V. and the opening of its new $7 million manufacturing facility in the city of Valle de Santiago, Mexico. The plant, which came on line in July, has a molding capacity of approximately 60 metric tons per month with room for future growth.
Mexico may surpass India by 2020 as the sixth largest vehicle producer globally, according to the Mexican Association of Automotive Industry. The automotive industry accounts for 18% of Mexico’s manufacturing sector and 3% of its national gross domestic product. Mexico’s auto parts industry is closely tied to its American counterpart and economic growth in the United States. Monica Martínez, commercial specialist, U.S. Embassy in Mexico City, discusses opportunities in the below Q&A. Martinez is part of the U.S. Commercial Service’s worldwide network of 108 offices across the United States and in U.S. embassies and consulates in more than 75 countries that help U.S. companies export.
Mexico's auto parts industry expects record sales this year, reaching $86 billion, as a depreciating peso has made exports in the local currency more competitive in the United States.
Canadian-Japanese joint venture auto industry supplier ABC Inoac Exterior Systems Inc. has opened its first greenfield facility — a $45 million injection molding plant — in central Mexico.
The company, which is a 50-50 venture between ABC Group Inc. of Toronto and Inoac Corp., of Nagoya, Japan, will make exterior trim parts, including spoilers, for General Motors Co., Nissan Motor Co. Ltd., Ford Motor Co. and Honda Motor Co. Ltd. at the plant in San Juan del Río.
Major Japanese transportation and logistics companies are following in the footsteps of their corporate customers, especially in the auto industry, and rushing to strengthen their presence in Mexico, a strategic gateway to the United States and many other important markets.
Several new investment deals signed by the state of Querétaro indicate that the Bajío state continues to be an inviting destination for both foreign and domestic investment.
Governor Francisco Domínguez Servién’ recent trip to Spain landed estimated investments of US $101 million, of which $24.6 million corresponds to deals already signed.
Inteva Products Begins Construction of New Interiors Manufacturing Facility in Guanajuato, Mexico, Groundbreaking was held on June 22, 2016
Inteva Products, LLC, a leading global Tier One automotive supplier of engineered components and systems, is expanding its global manufacturing capabilities with a new 300,000-square-foot operations facility in Guanajuato, Silao, Mexico.
Module manufacturer Seraphim Solar is looking for fresh locations for future manufacturing plants and praises Mexico as both and end-market and a potential production centre.
Dutch aluminium semi producer Constellium N.V. announced this week that it is planning to open a new plant in San Luis Potosí, Mexico, for the production of aluminium automotive structural components.
According to the firm, this new plant is a response to an uptick in demand for lightweight, high-strength aluminium Crash Management Systems and other automotive structural components in Mexico. Constellium states that projections show Mexico will produce up to five million new vehicles per annum, making it among the world’s top auto manufacturing countries.
American Industries Group
American Industries Group is a private Mexican company that has helped over 200 global companies to successfully establish and run manufacturing operations throughout Mexico since 1976 through Site Selection, Administrative “Shelter” services and Industrial Real Estate.