MEXICO CITY - The Secretary of Economy, Ildefonso Guajardo, highlighted that this year alone, in the steel industry alone, six billion dollars of investment were consolidated with the generation of almost five thousand jobs. During his participation in the Inauguration of the Ternium Mexico Steel Complex, the official pointed out that this work is thanks to the fact that we have achieved a competitive open economy with a sector that takes on challenges and opportunities. "As we are seeing with the supply of inputs for the automotive industry, a project that positions us in the steel industry

QUERÉTARO, Qro (09/26/2013) - The second edition of Mexico's Aerospace Summit 2013 kicked off this Thursday in this state, where one out of five companies in the aerospace sector are located, which contributes 4.5% of the state's GDP. The growth trend in the sector will continue in the coming years in the state, which could become one of the most important players worldwide in aircraft maintenance, said the Governor of the State, Jose Calzada Rovirosa, when participating in the start of activities of the second edition of Mexico's Aerospace Summit 2013. As a protagonist of the growth of the

MEXICO CITY (August 7, 2013) - Above China and India, Mexico is placed as the number one country in attracting Foreign Direct Investment (FDI) in the aerospace industry, which contributes 10% of manufacturing GDP. "It is not the automotive industry, it is the aerospace industry, we attract 1,300 million dollars (mdd) approximately every year. There were $15,000 million dollars and more $6,000 million dollars, there are $21,000 million dollars for the aerospace industry in Mexico", said the Director of the Mexican Federation of the Aerospace Industry (Femia), Carlos Bello after highlighting

Manufacturers from all over the world exhibit their latest models at the International Aircraft Business Fair. Mexico currently ranks first in aeronautical manufacturing investment in the world, which makes it the sector of greatest interest for investment in the country, said researcher Monica Casalet. Hence the need to continue developing public policies that encourage the growth of clusters in the sector with national suppliers, warned the coordinator of the book "La industria aeropacial. Productive and institutional complexity". During the presentation of the book, she said that in order

During the second quarter of 2013, new orders for textile machinery, as elaborated by ACIMIT’s economics and press department, showed signs of growth compared to the same period for 2012 (+12%). The absolute index stood at 92.2 points (basis 2010=100). These figures are the result of a growing rate of new orders abroad (+14%), and a stable domestic market (-1%). Compared to the previous economic quarter, the orders index appears to have improved both domestically and abroad. ACIMIT President Raffaella Carabelli confirms, “Overall figures show a definite improvement with respect to the previous

The aerospace industry in Mexico has positioned itself in recent years as a strategic cluster for the country's economic development, currently operating in the country 267 companies that employ 34,000 workers in the manufacturing productive sector, located in 18 states. In an interview with Mexican Business Web, Carlos J. Bello, general director of the Mexican Federation of Aerospace Industry (FEMIA) said that in 2012 the industry accumulated approximately $1.3 billion dollars (mdd) in new investments, an amount that is expected to be obtained again this year, in addition to 17 new projects

With an investment of 700 million pesos, the cement company Holcim Apasco will change its name to Holcim México and improve its assets. To modify its image and corporate name, the company will allocate 200 million pesos, while it will channel another 500 million pesos to improve its assets, informed Eduardo Kretschemer, CEO of the Mexican construction production sector company, at a press conference. Kretschemer said that the $500 million pesos earmarked for asset renewal will be used to replace equipment in its plants, as well as to improve its operations in order to be more competitive. The

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 companies not only because of its geographical location, but also because of the quality of the labor force it offers. " It is very eloquent to know that Queretaro, despite the fact that it does not have a