Bulletin 413 - Friday, March 20, 2009

Ciudad Victoria, Tamaulipas,- Tamaulipas reaffirmed its leadership as the second state in Mexico with the best environment for investment, and Governor Eugenio Hernandez Flores set today the cornerstone of the first Springs Window Fashions plant, opening the door to more than one thousand direct jobs to be generated by this Company with an investment close to US$30 million, in association with Vynmsa Industrial Park. The project generated immediate employment for more than 500 workers in the construction industry. While when the plant starts operating next October, this world-class manufacturer of home blinds and curtains will hire the above-mentioned 1,000 people labor force. "It is clear to us that if we continue investing in infrastructure, if we continue training our people, we will multiply the opening of modern companies", he pointed-out, positive that to be more competitive it is important to take advantage of the potential offered by the several regions in the State and having a diversified economy. This is confirmed by the 764 companies with foreign direct investment established at the State; as well as investment projects Tamaulipas keeps firm with companies from South Korea, Germany and the United States, which all together represent an economic contribution over US$500 million.

Source: Metronoticias

Mexico City,- The US Company Triumph - devoted to design, engineering, manufacturing and repair of aeronautic components -will invest US$208 million in Mexico in the construction of a plant. Located in Zacatecas, the plant will generate one thousand 200 new jobs and will manufacture metal parts for aerospace industry. "This investment is part of a strategy for the development of Aeronautics Industry in the State of Zacatecas, which purpose is strengthening this Industry through the construction of an Aerospace Technological Park by the airport, where companies in the field may carry out their activities", ProMexico pointed-out in a press release. Richard Ill, CEO of Triumph Group said that Mexico is a strategic point for Aerospace Industry in the world and therefore his Company is committed to stay here for the long term.

Source: Reforma

Tucson, Arizona,- AKT altmarker Kunststoff-Technik GmbH of Gardelegen, Germany has signed a contract with The Offsore Group of Tucson, Arizona for the provision of outsourced manufacturing support, or "shelter" services in Saltillo, Mexico. The company has signed a lease agreement for the rental of 34,822 square feet of industrial space at The Offshore Group's La Angostura Industrial Park. AKT will join other German manufacturers OKE GmbH and Turck, Inc. at the site. At the project's maturity AKT will employ approximately 83 direct labor employees. The company will manufacture injected molded parts for automotive industry applications. According to Customer Business Unit Director, Roland Kluhspies, "our decision to establish an operation in Mexico was predicated on a desire to offer our customers a low cost North American solution. We have great faith in the productivity of the workforce located at The Offshore Group's interior location at Saltillo." AKT headquarters is in Gardelegen/Altmark, Germany. The company was founded in 1991 and is one of the leading manufacturers of plastic injection moulding parts. AKT offers numerous products that have been further refined through finishing processes and is able to deliver painted parts, flocked parts and IMD foil parts as well as complex assembly for the interior, engine and safety and security areas. With international locations in Europe and overseas, AKT is ideally positioned to meet the challenge of global competition. The Tucson-based Offshore Group currently provides outsourced manufacturing support, or "shelter," services to 60 global companies in the automotive, aerospace, electronics, HVAC, medical device and general manufacturing industries.

Source: The Offshore Group

Mexico City,- Danone will invest US$10 million in a central stable which will foster the development of milk producers in Jalisco, which will start operating in July 2010. Didier Lambilin, General Director for Mexico and Central America, estimates that the stable, to which around on thousand 500 small producers will have access, will have capacity to produce around 85 thousand liters of milk within the next five years. With this project the French company wants to foster sustainable production of milk and forage in Mexico, because small milk producers will participate with 16 or 20 cows each. Riboud pointed-out that Mexico is the second consumer in the world of bottled water, after Indonesia, with a demand of 15 thousand million liters per year, while the dairy business has an approximate value in Mexico of MEP$17 billion (around US$1.16 billion).

Source: El Norte

Chihuahua, Mexico,- The largest investment received in the region during 2008 is a reality now: Foxconn Campus located in Jeronimo started operations this March, generating 500 new jobs and will end the year recruiting 5 thousand people. "The first plant in the campus started operations this March and the second plant is getting ready to start next April", Francisco Uranga Thomas, Foxconn's Vice-presidnet Latin America Operations, informed. He added that with the kickoff of the first manufacturing building in the industrial complex 500 new jobs were generated, but they will continue hiring personnel throughout this year to reach 5 thousand workers. Uranga Thomas further said that servers, cybernetic components, optical communication components and precision models will be built in the new buildings.

Source: El Diario

Monterrey, Nuevo Leon,- Around 50 Spaniard companies are willing to strengthen trade links with Mexico, and specifically with Monterrey. Representatives from companies in several areas, including wines, food, energy, trade and industry, visited Monterrey to promote their products. Carlos Villar, Valladolid Foreign Trade Manager, said that Mexico is an important market for Spaniard wine. He explained that Spaniard wines have a 43% share of the market as far as value is concerned, and 25% share in volume. He also pointed out the fact that in the last few months European investors have visited several Mexican cities with the purpose of strengthening trade exchange; as well as interested in developing Aeolian energy plants in Mexico. Plans of these businessmen include Nuevo Leon.

Source: Milenio