Riccardo Rosa, president of UCIMU: “The return of the order index to a positive sign after six consecutive quarters of decline is welcome news. Nevertheless, the situation remains complicated”.In the third quarter of 2024, the index of machine tool orders, compiled by the Economic Studies Department & Business Culture Centre of UCIMU-SISTEMI PER PRODURRE, returned to a positive sign,…
Globant launched its Move Your But - Automotive Edition report, an analysis that reveals how Artificial Intelligence (AI) is revolutionizing the automotive sector. The report highlights the urgency of overcoming the “buts” that hinder the adoption of AI, inviting the industry to prepare to embrace the challenges brought by this transformation in one of the most crucial sectors globally.The report…
The industrial parks within the state of Guanajuato have allowed the attraction of 162 investment projects, so far in the current state administration (September 2018 to date), representing a capital of more than 9,000 million dollars and the generation of more than 64,700 direct jobs.In the State of Guanajuato, located in the western part of the country, there are 6,800 hectares destined to…
The National Auto Parts Industry (INA) announced in its press conference that the production of auto parts in the country strengthened during the first quarter of the year, reaching a total of 31,194 million dollars, which represented a growth of 8% compared to the same period of the previous year.The association also noted that in March 2024, Mexico surpassed the figure of US$10.5 billion in…
A center for industrial innovation in design and digital manufacturing for the Bajío aerospace sector (CIIA) was inaugurated on Tuesday in Aguascalientes, Mexico, to boost aeronautics companies in that country.
The project involves the Government of the State of Aguascalientes, private companies and the Instituto Tecnológico de Aguascalientes on behalf of the academic sector.
The new center…
The possibility of a new crisis in the automotive industry in Mexico, not only in Coahuila, was warned by Tereso Medina Ramírez, who pointed out that he does not want this to lead to the dismissal of workers, but that there could be technical stoppages as happened during the pandemic.
The state leader of the CTM in Coahuila pointed out that the situation that could cause this new alarm in the…
In order to increase production of hot rolling, galvanizing and finishing, Ternium confirmed that it will invest 1 billion dollars to expand its Pesqueria Industrial Center in Nuevo Leon. Italian companies that produce metalworking and manufacturing machinery are a good option as suppliers for this type of company and its industrial sector.
This was confirmed by Máximo Vedoya, CEO of the steel…
The northern region (Chihuahua, Coahuila, Durango, Nuevo Leon and Zacatecas) was the area with the second largest number of projects and the first in cumulative investment amount, with US$2,456.6 million (+65.59% vs. 2020), mainly concentrated in the state of Coahuila, which received the largest investment in 2021 with the announcement by General Motors to transform its Ramos Arizpe complex into…
The most recent report from Directorio Automotriz detailed that Guanajuato attracted more than 26 projects for new plants or expansions, making it the state that attracted the most investment in the automotive sector in all of Mexico during 2021.
The report details that during the 4Q of 2021, 21 investment projects were received in the sector, coming from 10 countries. Of these, 8 correspond to…
After commenting that in the last 10 years Mexico has worked on market diversification and that as a result South America, Brazil, Argentina and Colombia represent the second most important market for the automotive sector, after the United States, the Executive President of the National Auto Parts Industry (INA), Óscar Albín Santos referred to this state, which, he said, is attractive for…