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Felipe Calderon promotes investment for Mexico in Dallas
Dallas,- The Mexican President Felipe Calderon encouraged US
business to invest in Mexico last. Tuesday, by saying that Mexico
has “solid economic grounds” and that delinquency is being fought.
Caldron criticized Washington’s immigration policy, and said that US
investment in Mexico could reduce the pressure for Mexicans
emigrating – legally or not – to the USA.
The Mexican President spoke before around 25 businessmen and social
leaders in Dallas. Calderon arrived last Tuesday to Dallas from New
Orleans, where a summit with President George W. Bush and Canadian
Prime Minister Stephen Harper had just finished.
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Mexico will invest in Nano-technology
Mexico,- The Mexican Government is planning to invest at least US$30
million in 2009 to foster and promote the development of nano and
micro-technology.
This amount will be used in foster and development, as well as in
creating the infrastructure required to provide an impulse to
nanotechnology and micro- technology in Mexico, declared a
Government Officer.
She further said that even if this amount is small when compared to
the size of Mexican economy, it is the first step to provide an
impulse to the sector.
She acknowledged that Mexico arrived late to the development of this
branch of high technology, after knowing, for example, that the USA
will invest, only to foster nanotechnology and micro-technology,
close to US$1.5 billion.
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Ford and Chrysler ask assemblers to invest in plants in Mexico
Mexico, April,- Ford Motor and Chrysler asked assemblers which have
recently arrived in the. Mexican automotive market, to invest in
plants and not only sell models.
During AutoMotor 2008 Forum, organized by the Mexican Car Dealers
Association, Asociacion Mexicana de Distribuidores de Automotores
(AMDA), Louise K. Goeser, Ford Motor Chairwoman and General
Director, said that assemblers must be committed to Mexico and share
with dealers both economic risks and markets.
"We must be committed to Mexico and its society. Automotive industry
in Mexico means a lot more than selling cars; it means growth,
development and wealth not only for assemblers but for Mexico as
well”, she said. “Automotive industry is one of the most important
for Mexico, and for many other countries, because it greatly
contributes to jobs generation and economic development”
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GM Ramos Arizpe reduces production due to recession in the USA
General Motors plant in Ramos Arizpe, Coahuila, in northern Mexico.
decreased last March the production of cars and trucks assembled, by
an average of 300 units per day, sources close to the Company in
Saltillo informed to alvolante.com, and stopped producing close to
13,000 units.
The strike by the auto parts company American Axle in the United
States could be over in a few hours or days, but it has affected
parts supply to General Motors de Mexico in Ramos Arizpe, especially
for the assembly of HHR cars sold in North America markets. As a
matter of fact, these sources said that production of this vehicle
has stopped in Coahuila, but the assembly of Chevy C2 and Chevrolet
Captiva has also been affected.
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A Brazilian manufacturer of products for tires will open a plant in Mexico
Rio de Janeiro,- Borrachas Vipal, the largest Brazilian
manufacturer of products for tires and. tubes, will invest US$40
million to build a plant in Mexico, according to spokespersons from
the Company quoted by the local newspapers today.
The factory will be built in the State of Aguascalientes and will
start producing in the summer of 2009, with a capacity of 14,400
tons per year, informed Vipal’s International Business Director,
Maria Locatelli, to Valor Newspaper.
Borrachas Vipal, with three plants in the Brazilian State of Rio
Grande do Sul and capacity to produce 144,000 tons per year, has a
complete product line for retreads and repairs for all types and
sizes of vehicles.
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Isuzu inaugurates 19th of 25 dealer agencies
Toluca, State of Mexico,- Isuzu Motors de Mexico inaugurated its
19th dealer agency in Mexico, of the 25 they are planning to have by
the end of the year; this new agency is located in Toluca, State of
Mexico and Valcor Group is in charge.
With a MEP$7 million investment, on one thousand square meters the
premises will provide sale, post-sale and maintenance services,
according to Jorge Canales, the agency’s manager.
Toluca is an industrial zone, where several companies in the
automotive sector are located, both devoted to manufacturing and to
sales, therefore, they are expecting to sell between 15 and 20 units
per month.
During the event, the first vehicle sold to Dias Express - which
transports goods and high priority documents – was delivered.
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Prolec GE will invest US$50 million
Monterrey,- Prolec GE, a company devoted to the production of
electric transformers, which partners include the Monterrey-based
company Xignux, and the US Company GE, announced they will invest
more than US$50 million to expand the production capacity of their
plant located in Apodaca.
The expansion will focus on two Prolec GE products line, namely
power transformers and commercial transformers, to meet the needs of
companies in the electric industry, engineering firms, developers
and independent energy generators.
At maximum capacity, Prolec GE’s new project will employ 1 thousand
500 people, increasing the Company’s labor force by 37%, going from
the current 4 thousand employees to 5 thousand 500.
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Floracopio, Distribution Center in Toluca, inaugurated
Mexico City,- Floracopia, a flowers storage, sale and distribution
center will be officially. inaugurated today; it is expected to be
the largest of its kind in Mexico.
Floracopio’s facilities are located in Toluca, State of Mexico and
have a 13 hectares surface, which puts it among the largest in
Mexico and among the 3 largest in Latin America. To date, the group
has 630 members from eight, out of the 17, flower producer states in
Mexico. The total investment amounts to MEP$42 million.
Alejandro Virchez, Floracopio General Director, said that through
this organization flower growers will be benefited, in addition,
from technology transference, sales techniques, a modern
infrastructure and a proper environment to handle and sell their
products, as well as the use of air transportation to access new
domestic and international markets.
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Korean company in the metal-mechanics sector to establish in Coahuila
An agreement has been reached for a new project, a company in the.
metal-mechanics field; there are but a few details to receive the
investment, informed yesterday Jorge Alanis, Minister of Economic
Foster in Coahuila State Government.
“Gerardo Gonzalez Garcia and Enrique Mier Campos, both of them
officers in the Ministry of Economic Foster, arrived last Saturday
from a trip they made to Korea to hold discussions with a company
that is planning to establish a plant in Coahuila; they were there
to make the corresponding studies and the results they brought are
very positive”, Mr. Alanis declared.
When asked about the company’s business line, the amount of the
investment and the number of new jobs to be created, he only said
that “You will know this when Governor Humberto Moreira officially
announces this investment”.
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Hermosillo has special signaling for hotels
Hermosillo,- With an investment over MEP$470 thousand, signs for
hotel zones were posted in. Hermosillo, as part of the actions
jointly undertaken by the State Government, the City Council and
Sonora’s Hotels and Motels Association.
Before the President of the National Hotels and Motels Association,
Rafael Armedariz Blas, the President of the Association in Sonora,
Eduardo Lemmenmeyer González, said that “this work was planned a
year and a half ago and it has now come true with this official
delivery, by the two government levels, so it is important that we
keep this team work and increase the number of signs, which in this
first stage is 127”.
Mr. Armendariz also pointed-out that they are considering “the
possibility of holding the next General Meeting of the Association’s
Board of Directors in Sonora; not only for the satisfaction caused
by witnessing the job being made here, but also for its natural
beauty and its people”.
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MEXICO'S WEEKLY HEADLINES
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» Mining industry will catch investment of 20 million in five years |
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» German company will invest 100 million in Michoacán |
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» Industry loses 5,600 million for secondhand cars |
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» Plant gets lost-VW Puebla remains out; they will construct it in EU |
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» Cementera Invest thousand 600 million in Mexico, EU, Spain and Panama |
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