Querétaro .- In a 500 per cent has increased the attraction of foreign investment in the state of Queretaro to close 2011 with $ 28 million thousand, and a portfolio of 98 new production projects per thousand 500 million dollars. The Secretary of Sustainable Development, Tonatiuh Muñoz Salinas, announced that in the past two years, 104 companies have been finalized and announced that for the first week of 2012 will be formalizing the arrival of two companies in the automotive industry and one German other more national. These new investments, said part of the attraction and SEDESU portfolio is for the entity ...

Tokyo— Nissan Motor will build a new plant in Aguascalientes, Mexico, with capacity to assemble 600,000 vehicles every year, which will allow doubling production in Mexico to reach 1.3 million units per year, the economic journal Nikkei published yesterday. The Group is planning to invest US$2 billion in the construction of the new Factory, which will be located 6 miles from the plant they already have in Aguascalientes and is expected to start operating in late 2013. Nissan’s spokesman, when asked by Nikkei, refused to make any comments on this information, even though he did point-out that the Group wants to expand ...

Mexico.- In spite of a weak business environment, German companies in Mexico remain confident in Mexico, since 7 out of every 10 companies are planning to make investments in Mexico in 2012. Also, 48% of the companies are considering increasing their labor force, and 50% will keep their current staff. The above are the results of the most recent survey made by the Mexican-German Chamber of Commerce and Industry, Camara Mexicano-Alemana de Comercio e Industria (Camexa) early in December among its members. There are 1,200 German companies registered in Mexico; therefore, Germany is Mexico’s first trade partner among members of the European ...

Mexico City.- Gross Fixed Investment, which represents expenses made in machinery and equipment, both made in Mexico and imported, as well as those made in construction, posted a 6.8% year-to-year increase last September. The Mexican Statistics Agency, Instituto Nacional de Estadistica y Geografia (INEGI), informed that expenses in machinery and equipment went up 9.1%, while in construction the increase was 5.3% last September when compared to even month in 2010. In non-season figures, Gross Fixed Investment grew 0.16% last September compared to August. By components, expenses in construction were 2.92% higher, while those made in machinery and equipment went back 3.72% in September ...

Mexico City.- The French company Safran, manufacturer of parts for aeronautics and aerospace industry, will increase production by 25% upon ending 2011, which is achieved thanks to the US$100 million investment to be made between this year and 2012, according to Stephane Lauret, President of their subsidiary in Mexico. Upon signing with ProMexico the agreement to develop new local suppliers through the business model named Alliance with Transnational Companies, Alianza con Companias Transnacionales (ACT), Mr. Lauret informed that the company will increase the manufacture of parts for airplane engines, as well as landing gear components at their plant in Queretaro. He said ...

Vehicle production in the country reached a record high in November, to make this year in the period 231 000 080 registered cars and thus a total of two million units in377 000 387 so far in 20l1. In the eleventh month, the auto industry exported 199 000 068 cars, the highest level this year and a record for that month, while sales of light vehicles in the country grew10 percent, with the sale of 83 000 107 75 000 units against 582 in the same period in 2010, said industry representatives. Source: Notimex