In the first half of 2018, the export of automobiles assembled in Mexico grew by 10.5% compared to the same period last year, for a total increase in vehicle production equal to 6.4%. The data, published by AMIA (Asociacion Mexicana De La Industria Automotriz), does not take into account the activities of Japanese maker Nissan. The reason for the growth, explains AMIA's President Eduardo Solis,…

Euro Group is the world leader in the production and distribution of magnetic laminations for electric motors and generators for the most varied industrial applications: from automotive to domotics. The holding controls various manufacturing companies and divisions in several countries (Eurtranciatura, Alcast, Corrada, Euroslot, Saf, and others) and has 1,700 employees and a turnover of about €…

Italian photovoltaics supplier Fimer has sealed €9 million in financing from Sace and Deutsche Bank for the supply of conversion centres for two solar farms in Mexico. Deutsche will issue two performance bonds worth US$4.3 million, which will be backed by Sace. The German bank will also issue a €5 million loan that will be used to finalise supply contracts. Head of Milan branch at Sace,…