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Bulletin 747 - Friday, February 19, 2016


Queretaro achieves a US$24 million investment

Queretaro's Government concretized investment per US$24.36 million during a business trip to Spain, made by Francisco Domínguez Servien, State's Governor and representatives of the Ministries of Sustainable Development (SEDESU) and Tourism. Marco Antonio del Prete Tercero, Head of SEDESU, informed that the total amount will be of US$100 million for nine investment projects for Queretaro, of which five are already concretized. These projects could generate 1,020 direct jobs and 4,030 indirect for this sector. The companies that decided to invest in the State will be located in the Municipalities of El Marques, Queretaro and Colon.

Source: El Economista

Jorge Vallejo, new President of the COMCE's Mexico-U.S. Enterprise Commitee

Nissan Mexicana announced that Jorge Vallejo, its current Director of Exports, Institutional Relations and Foreign Affairs, has been appointed as President of the Mexico-U.S. Enterprise Committee of the Mexican Business Council for Foreign Trade, Investment and Technology (COMCE). "This appointment implies a great responsibility and an opportunity to promote the increasing of economic and friendship relations between business sectors of Mexico and the U.S.", said Mr. Vallejo. The COMCE is an intermediary body of the Mexican private sector, devoted to promote foreign trade, foreign investment and technological development. Jorge Vallejo will be responsible of boosting the promotion activities and the foreign trade co-operation, encouraging the productive investment and strengthening the development of technology of companies set in Mexico associated with COMCE, with American companies. This designation will last for two years and may be extended for two more consecutive years. Valentin Diez Morodo, President of COMCE, said that Jorge Vallejo's task in this Committee will contribute to consolidate this body corporate as the most important and dynamic globally. "Our main objective will be to work together with other associations, companies, chambers of commerce, custom authorities and governments, in order to strengthen the business ties with the U.S.", remarked Mr. Vallejo.

Source: Nissan

Queretaro to receive investments in two industrial parks

It is expected that two industrial parks be established in the Municipality of Colon, Queretaro, in which US$500 million will be invested. One of the projects will be named AM and the investment of one of them will come from Japan. The Municipality will be supported by the local Government, in order to concretize the arrival of more industrial projects to the region, with local and foreign funds. Alejandro Ochoa Valencia, Mayor of Colon, for his part, stated that eight more companies will start operations at the Aerotech industrial Park and he added that they will care that no company pollutes or kills of the natural resources of the zone.

Source: Cluster Industrial

Three thousand Jobs arrive to Coahuila

Investments of about US$200 million for Coahuila will be announced during February. Such investments will represent 3,000 new jobs for the regions of Laguna, Southeast and Center of Coahuila, informed Jose Antonio Gutierrez Jardon, Minister of Economic Development, Competitiveness and Tourism. He said that the first announcement is that of a company belonging to the automotive sector. "That is an important investment of the Auto Industry for La Laguna, which will start with a first stage of 750 employments", explained Mr. Gutierrez Jardon. Of all the new job positions, 1,500 would be for the Southeast, 750 for Torreon and the remaining would be for the Central Region.

Source: Zocalo Saltillo

Maquiladora Industry employment grows in Mexico

The World Bank and the International Monetary Fund foresee that global economy will grow 2.9% and 3.4%, respectively, in 2016. For its part, maquiladora industry showed a positive performance for the second half of 2015, according to figures of the IMMEX program (Manufacturing, maquiladora and service export industries), by recording a 5.57% annual growth of personnel in the 5,009 establishments within the IMMEX program, which represents a 1.20% progress with respect to former registration. These figures correspond to an increase of 28,018 jobs during a month, resulting in 2,371,697 jobs in this industry. Most of States had moderate growth of the maquiladora sector employment, except Mexico City, Puebla, Queretaro and Veracruz, which had a decrease in occupied personnel, with an annual rate of -12.58%, 2.16%, 1.43% y 0.97%, respectively.

Source: AMPIP

Jalisco to receive investments for the electronics and hi-tech industries

The electronics and hi-tech industries in Jalisco estimate an investment of US$150 million in the State, for this year. Cesar Castro, President of the National Chamber of the Electronics Industry, Telecommunications and Information Technologies (CANIETI) in the West, said that these investments will strengthen the growth of this industry. The investments in this sector exceeded the US$170 million and generated 5,000 new jobs in Jalisco, reaching a 6.55% growth by the end of 2015. For the current year, a jobs creation similar to the 2015 is expected, because they become more attractive to the foreign investment due to the exchange rate. On the other hand, Raul Martin, Director of Campus Party 2016, highlighted that they expect to break the record of the World's biggest hackathon, during the third edition of this event, with the attendance of 20,000 participants. Mr. Martin expresses: "A hackathon is an encounter of developers and engineers that meet in weekends to develop products and projects that solve problems".

Source: El Mural

Nemak invests to expand its production

The autoparts maker Nemak will invest US$495 million during 2016, in order to expand its production and to make more efficient its operations around the world. Armando Tamez, Nemak's General Director, highlighted that this year is a transition period to meet the demand that the Firm will have by 2017-2018, reason why this investment is considered as important. Mr. Tamez stated that they expect to reach incomes of US$4.5 million during 2016, which would represent only 0.4% more than those registered last year, due the changes that will be conducted this year. Regarding the operative flow, Nemak expects to achieve the US$777 million, 2.4% more than 2015, as a result of better sales in key markets such as North America.

Source: El Financiero

Mirka celebrates 10 years in Mexico

KWH Mirka Mexicana, Finnish Company producer of abrasives and sustainable tools for the preparation and finishing of surfaces, is celebrating 10 years in Mexico, with the announcement of sales per US$259.4 million and the launching of new product lines. Adonai Garcia, General Director of Mirka Mexico, talked about the develop of a distributors professional network, based on entrepreneurship, positioning and competitiveness, approaching to the OEMs belonging to the automotive sector, with clients such as Volkswagen, Ford, Kenworth, Chrysler, Nissan, Fiat, Honda, Bombardier, BMW, Mercedes, Navistar, Lincoln, Audi, Cadillac, Caterpillar, Mazda, Freightliner, among many others.

KWH Mirka is a global firm with 70-year history, it has 16 subsidiaries around the globe and has 1,000 employees. It serves to the main business sectors: OEM, automotive repainting, wood sector and building and decoration. The Company has stood out by its sustainability approach, innovating the waste treatment, with the construction of a bioenergy plant in order to reduce the environmental impact of its production.

Source: Al Volante

BMW to lay the foundation stone in San Luis Potosi

The foundation stone placement of the BMW plant in San Luis Potosi, will be conducted next June, to be able to start the construction of the automotive complex. By the end of March 2016, the administration will deliver the first 150-hectare surface, to allow that BMW be able to start the required works. Gustavo Puente, Head of the Ministry of Economic Development, assured that the works made so far continue according to plan since the announcement of the investment. In addition to the 300 hectares that the firm needs to build its plant, an additional surface of 20 hectares will be required to develop a training center.

Source: Cluster Industrial

New investments arrive to Tamaulipas

Several companies belonging to various industrial sectors will invest US$1.8 billion in Tamaulipas, during 2016, informed Angel Ortiz Salazar, Head of the Ministry of Economic Development in Tamaulipas, pointing out that they began this year with a portfolio of 24 firms that are in the process of establishment and generate near of 5,200 jobs. Mr. Ortiz explained that the firms to be established or expand its facilities belong to the industries of auto parts, electric-electronic and metal-mechanic, as well as the energy sector. The municipalities benefited by these investments are: Altamira, Reynosa, Matamoros, Tampico, Valle Hermoso, Casas Güemez, Llera and Victoria. The capital comes from countries such as Chile, Spain, England, the U.S. and Mexico.

Source: Manufactura